As I’ve said before, this weakness should be a positive as it will force management’s hand to disclose more on Zoleo. It could come soon or as late as August when they release full year numbers.
If they choose to be stubborn and not sell the story with better information by then, then that will be a signal to lighten or sell (for me), as management need to not only run the company but promote the stock/company.
The present share price is basically pricing in default which is laughable. That is the EV is near shell value for a fast growing, cashflow positive company that is net cash.
Picked up some more today. Thank you
Ann: Beam Quarterly Report - Further Growth in Cash Position, page-84
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