Post by
Specific on Jul 14, 2019 11:22am
$ 4.8 million debt
I find it very perplexing that this "state of the art" Tio2 technology is not valued far in excess of
$ 4.8m.
Mind you, I thought the same back in the Roy Bonnell, Mark Billings days. They had grandiose plans and a payroll to match, investors pouring in money.... sp above 1.00 game changer technology, the holy grail with the magic "secret sause"
Poof, good for sh*t.
I'm thinking that this technology is still good for sh*t, otherwise the company would be progressing at a faster rate and reflected in a much higher sp.
No one (PPG, Huntsman etc) has been knocking at the door. Why???
Cause the technology is good for sh*t.
And what about CTL who owns 49.9 % of the technology? Who freakin knows.
Anyway, sorry for the rant folks.........Cheers
Comment by
grandpa67 on Jul 14, 2019 9:25pm
Specific, The technology is definitely there.......why else do you think Mr.Alnaimi and friends want to take this private? Greed, huge profits! Also know that PPG , Sherwin Williams and others are waiting in the wings.