RE:RE:RE:RE:RE:RE:RE:Seeking Alpha write up/analysis The entire thesis of Atrium's report was that low valuations in the Canadian microcap space makes many companies potential targets. GSI is just one of many. Despite the progress it has made in 2024 it still remains undervalued, maybe more so with the potential of SaAS recurring and ramping up.
As for a takeover price, I essentially gave the value of MDCs zero value as does the current market. Yes, some institutions have kicked the tires for sure but we are back to the uncertainty of lumpy revenues and little visibility on a solution with recurring SaaS rev via lot MDCs subscription services. Are we to read between the lines on the last news release that all 1,400 MDCs would be lit immediately once installed or eventually by the start of the school year or so. Of course the share price is dynamic and everything changes when q3 is out in about 4 weeks if we see traction in lit MDCs.