Post by
thorgb1 on Jun 29, 2015 1:05pm
Took a position here last week.....
I understand they are evaluating strategic options per the news in March, so I would have to expect that this will be concluded by the end of Q3, worst case end of year. My bet would be a sale is most likely, and the enterprise value should be higher then where it is trading, so it seems like a fair bet for a decent return for a 3-6 month hold. GLTA.
Comment by
thorgb1 on Jul 29, 2015 11:38am
Curious to see if anything comes out of the rescheduled AGM today. It was odd to me that they postponed due to lack of quorum, thought maybe they were delaying a month for other reasons related to the strategic alternatives they are evaluating. GLTA.
Comment by
Farmer9 on Jul 31, 2015 9:33am
Too bad you didn't hold off buying for two weeks. Doesn't look good.
Comment by
thorgb1 on Jul 31, 2015 9:44am
Yeah, this wasn't the news I was hoping for when it got halted yesterday. Will have to see what happens when it opens.
Comment by
thorgb1 on Jul 31, 2015 10:50am
Wow, what a sh1t kicking so far this morning. Might be an oversell, because I understand it from my research, most of the value of the company is in the special crops division, which per the release is completely separate to this repayment demand?
Comment by
thorgb1 on Aug 04, 2015 3:12pm
Averaged down big on Friday and a bit more this morning. Like the release from this morning that says they are still exploring strategic options. I expect most of the value is in the special crops division, and is unaffected by the demand on the canola processing. Way oversold.