RE:RE:RE:RE:Atlas chat board has gone to hell It's ridiculous based on the numbers alone.
Getting to 76$ requires a bidder to be shelling out over $6 billion for the single salt mine. It doesn't matter how premiere it is, how low cost it is, how desireable it is, that's over 3 times the current market cap of the entirety of Compass Minerals. Stone Canyone didn't pay that much for Morton Salt, which came with an entire retail and marketing chain on top of a mine.
Those saying they have done 'due diligence' on a $76 stock price for the mine need to show their numbers or stop making the claim because it IS ridiculous. Even $50 was a statistical outlier.
I've repeatedly said, based on actual numbers as opposed to wishful thinking, that $10-12 would be a realistic number, and I hope to see it go higher in a bidding war, but some of the rhetoric going on around this stock speaks more to the personal attachment people have to a stock than any actual due diligence