I think the market has lost faith in management. 13.0 is potentially gone if someone needs volume to get out which would mean we go 12.0 bid. At 12.0c bid our MC would be around $43m which is less than what we paid for AHG. So either all the value in AHG has reduced dramatically or Better Beer and all other assets are not worth what management believe they are. Without any confidence in management sellers are just going to keep loading up.
MCL Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held