RE:RE:RE:VMD at $14 and QUIPT at $8.70? I think in time that QIPT is a prime take-out target. However we'll have to be a bit more patient given the present economic environment. I suspect with rates on the increase, many prospective buyers are determined to keep their powder dry and not take on more debt or raise new capital short term. I think a buyout will come but it's probably 2 years out or more based solely on interest rates.
This is fine, as management gets a lot more time to continue to execute and raise that inevitable future premium. A great Q2 2023 and movement to the TAX Big Board puts us above $10 very soon anyhow so there will be other rewards while we wait.