If anyone thinks this company will be around at the end of this...

If anyone thinks this company will be around at the end of this year has got rocks in their head! After the sale of the distribution business this company will be taken over at around 10 times earnings. Any idiot in the steel industry knows this - there are a number of players who have their eyes on Bisaloy. The company on conservative 30 million Ebit is worth approx 300 million less the debt of 45 million. Lets call it 250 million - divide that with 105 million shares and you can see the potential from where the stock is currently trading. I am confident that once the Balron deal is sealed the stock should head quickly north leading to a formal bid for the new Atlas. Folks it's only a matter of a few months (tops) until we see something happening.