RE:Done with ginseng! Sitting on pile of cashTree2tree wrote: Nothing much left to do except distribute the cash, possibly as a special dividend.
The annual report is out and confirms they have sold all remaining ginseng and are exiting the ginseng business. Also confirms they received over $2 million in government aid to compensate low ginseng prices! That gift from the government almost equals the current share price.
So now the company is worth at least $2 per share in CASH and other equally valuable assets (like land!), and almost no debt. This will be further confirmed by the quarterly report which is due out in a few weeks. Zero business risk, only money counting is left to be done. IGP shares are like free money now to those who understand what is happening.
Look at your message. You've been waiting 708 days for tomorrow. At the current stock price, there is no longer any interest in buying and current shareholders will wait, wait, wait, ... until tomorrow.