RE:RE:Globe & Mail this morning...I concur... BDI is undervalued.
With the average target price of $6.79 and today's present price of just $4.42, we are looking at an upside of ~54%. I think the Q4/21 and Q1/22 results will push the stock to its TP in the next 6 months. If the company can do some self-promotion in the market place, and maybe get some additional analyst exposure we may even see $7 - $7.50.
I took my position at $1.79 and I'll stick with BDI, at least until the end of the 1st half of 2022 and then re-evaluate. I do think that we still have good times ahead.