Couple of years back there was talk of $3 takeover price being acceptable. Growing indications that $5 more likely. Surge of confident skilled recruitment encouraging part sale of 'in house' investments, and prospect of multi-location processing suggests $10.
Hopefully WA would be an early location but, if needs must, it can wait. And, while the shoe is at long last on the other foot, IRA should be used to the utmost. Quite reasonably E25 would merely be following the inspired guidance of the Trumpian version of 'freedom and democracy'
The lure of long-term income from multi-locations means wouldn't consider selling and certainly resisting a takeover. Resistance strengthened by the unlikelihood of FIRB making concessions in exchange for some imaginary subs and a mere 6 B52s.
E25 Price at posting:
$1.30 Sentiment: Buy Disclosure: Held
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