Is Abri limited seriously undervalued .

I have had Adbri LImited on my watchlist for a couple of months and decided to weight in and buy some stock in the last week for the following reasons .
1. The stock 5 years ago was valued at $6 a share and now they are $1.84.
2. New managemeqnt has been installed recently .
3. The balance sheet has a surplus of property assets and some are now being been sold .
4.The company has paid 12 cents in franked dividends over the last 12 months .
5. Some of there recent results have been affected by inclement weather .
6. There are almost 17 million shorts so at some stage most of the shorts will have to be brought back .
7. The Barro family own over 40% of the stock so they would not be happy with the current price and a privatization is not out of the question .
8. Another large company in the similar space could be interested in a takeover subject to the Barro family interest .