Like many on here, I've been carrying BGS shares for a long time, and seen my 43 cent average in price reduce gradually to where we are today at 11 cents. I know there are lots of you who like to keep ramping it up by saying that we have this incredibly valuable asset--and it will all be sunshine, when in fact, any corporate could offer $50 million loose change, if it was seen as viable.
The change of name appears to be a line in the sand: new name, and the company is worth 11 cents a share. Future CRs will be at 10 cents a share, or 8 cents to funds, if they are interested. I think you know where this is going.
I've put my sentiment down as "Hold", only because I've lost most of it anyway...
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- A line in the sand
Like many on here, I've been carrying BGS shares for a long...
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