Positive Comments on BNN today (April 28)Stephen Takacsy - CIO, Lester Management spoke highly of the company. He owns just under 10%. He did reference that Lassonde bought their current position at $0.19. The company should do well coming out of the current slowdown. He referenced the possibility of DWS possibly doing acquisitions of smaller wineries that are currently struggling.
He also referenced positive fundamentals of ADW/A and the fact that US winery mergers into SPACs are currently being done at substantually higher valuations than the current ADW/ price ($10.88)
Personally, having followed Mr. Takacsy for a number of years, I am impressed with the thoroughness of his research and his ability to identify small and mid-cap opportunities.