Post by
88guy88 on Jan 27, 2023 11:08am
More Data....
Stock is currently trading at 0.46 of book value with a fair value of $1.20 and is undervalued
Short position at December 1 2022 was 156,660 and now at January 15 2023 its down to 92,874
Lassonde will definatley be taking over the company...its just a matter of when...this year or next
If book value is around 95 cents and fair value is $1.20 by Morningstar...I think a takeover premium is likely in the $1.50 to $1.65 range....my estimate....
Good luck longs and you remaining shorts don't sleep to easy..... Cheers! :))