More math Don't sweat the share count. Whether there are 600 million shares at $3.40 or 60 million shares at $34.00 it's the same valuation of the business. About $2 Billion. Since ATH has NO NET DEBT, the "enterprise value = market cap. As cash grows we SUBTRACT the growing cash hoard from the market cap to calculate the value of the underlying business, aka, enterprise value. $2 billion bargain. Hard to believe compared to < $100 million Market Cap way back 3 years ago. This recent sale of table scraps for $160 million is just spectacular when viewed in that historic context. Now the forecast for next 3 years is $1 BILLION in free cash flow.
pretty boy on BNN just pointed out the energy index is DOWN year to date. ATH is up about 50% from year end ish. So no whining permitted if oil is up a buck and Ath doesn't move on that one day!!