Humm Valuation - What is Sensible, page-74

I'm uncomfortable with the idea that "expectations are high", price doesn't suggest any deep pocket investors think that good news is on the horizon just yet LOL
AA has stopped buying during the blackout period, he certainly bought strongly leading into it though.....

I'll sell when he does or when some asset sales take place, although I doubt AA will sell it in pieces, he is likely patient enough to realize a much higher market value for the combined entity which I would suggest coming out of this cycle slowdown will be closer to $1b.

I do feel like a broken record saying that though, dare I suggest 3-5 years until $1b?

Sounds eerily similar to sentiments I've shared at more like $400m market cap a few years ago LOL.