Agreed Monhawks, though actually I felt confident of better than 1c.
On historical graphs, a return to 1.5 cents on ANN of a sale would easily be achievable.
If an ANN comes after the reverse-split, how likely is the share price to increase by 7.5 fold? It would have to go from 4 cents to 30 cents.
Intrinsic value is one thing, but perceived value is something else entirely.
To be transparent, I still hold this stock, and there are a number of positive elements still in play. It's the timing that I'm not liking here.
However if the deal was to be delivered just before the reverse-split, then this could be a very savvy move.
'If' being the operative word, and one that has just as much place in investment plans as 'hope'.
Agreed Monhawks, though actually I felt confident of better than...
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