RE:Insider buying.Yes, investors are missing the cash-sale value of their backlog, which as they progress it through the value chain has to be well over $5.00/share by now. If they make a sale of these three pre-development Maine projects for said amount it could inform the market what their backlog is worth on this valuation basis and help to rerate it. Fingers crossed.
alleyesonme wrote: Another 5000 shares purchased on the open market by CEO...they are certainly adding up this year on an already massive position....I think we will see preconstruction projects being sold instead of dilution through capital raises...last webinar Nick mentioned they received an offer on a portfolio of 3 Maine projects which are limited to no more than 2MW per project in Maine..so max 6 MW's and offered between 7-8 million.....I think investors are overlooking the massive Value in backlog and pipeline here...Big value for projects still on paper with signed commitments from building owners. (Backlog 83MW)...pipeline (pre commitment) 441 MW!!!!!