Post by
JaCkSnap on Jan 19, 2020 12:15pm
They've enough Cash
For years and thats' assuming their revenues dont' increase. But alla moot point being that they've made a final decison in favour for the Oudoor Grow in Napanee. They listed that too on the Janury 13, 2002 investor presentation. Totally paid for land on the same space as the hybrid greenhouses. They will be cash flow + this year at some point. Couple that w/t the 2.0 we're in absolutely no need for buyout. That would be extremely silly and a buisness blunder. They should not even begin to entertain an offer until their share price is over 4/share. But look out for Village Farms trying to steal a reputation in Canada before then unless you're offering over 4.00/share.
Comment by
SuperSlug on Jan 19, 2020 1:44pm
I totally agree, I was simply stating that I would expect offers at $2 from larger players looking for cash. I don't think they should take them. I think they company has one of the brightest futures in the industry.
Comment by
JaCkSnap on Jan 19, 2020 3:32pm
with all due respect if Village Farms wanted it right now, the price is north of 4.00/share but when VIV0 reaches that in a couple of years, the price will then double 4.00/share. But in any case, lets' stop this nonsense talk about buyout. Its defeatist.
Comment by
SuperSlug on Jan 19, 2020 5:44pm
Agreed, was more to make the point of how under valued VIVO is currently.