Pertinent market/industry news/articles, page-1798

I think this is the only argument I've seen for not buying that I agree with. Just comes down to timing, and whether you can build the position you want, if and when a strategic partner is announced.

my thinking has always been this is a minimum $2, if not $4-5 stock on the right strategic partner quick smart, on our terms. That's the binary risk. And the maths is very simple. We do $150m+ earnings, with no dilution, on the right deal with only time standing between us and cash flow. That's $200m market cap minimum in my books. And $1.5b as ramp up is complete say 4yrs later.

now, I believe strongly the odds of us doing that deal are very good. And with the right technical partner the ramp rate to production and risks will be managed.

so I'd rather cop the opportunity cost of holding, than trying to buy back 200,000+ shares with the herd.

I remember the morning where not a single share was for sale above $2 on screen. Now we re traced from there of course. but while some here are panicking at the sight of no buyers OK screen, what worries me more is the thought of trying to buy 200,000+ shares when nothing is for sale above $2.