Vertex Resource Group Ltd V.VTX

32 Degree capital

[takeomega3]

Weird to see 32 Degrees Capital selling their shares on the public market at this market cap. In my opinion, if the company delivers another 2-3 solid quarters with positive cash flows, and margins, coupled with share buybacks, this stock could potentially double easily.

[mrmoribund]

I agree it is strange. But it's not like there has to be anything nefarious here. 32 Degrees Capital declared a long time ago on their website that the decision had been made to wind up their fund group. As of their last website update they managed $190 million and their positions in Vertex (40 cents per share) add up to about $8 million. That's small enough that you wouldn't expect