RE:Mixed MessagesThey need to get their bloated inventory under control, bring inventory down $30-$40M and you have an instant reduction in debt and associated interest.
Agreed, a sale of Port Moody land would surface some substantial value for shareholders (which could then be applied to debt).
Lots of levers for the company to pull, but they've been dragging their feet.
If the share price is so undervalued you'd think the company would reignite the NCIB, or have insiders step up and buy on open market!!