Hi Dan,
There is just not the stock to buy. I have noted just how much insider buying there has been over the past 12 months.
I am guessing that this is a possible turnaround situation very similar to MVP over the past 3 years where limited news was forthcoming and insiders just kept on buying and buying.
The key appears to be the commissioning of the protein plant by Q4 2012 and the subsequent profits that will come from that.
Dropping the loss making parts of the business is also progressing along with lowering debt.
I suspect that things have likely got ahead of themselves in regard to the SP but just shows how few sellers there are now.
This is similar to several other micro caps I am watching. When the sentiment turns and buyers step up there are simply no sellers and the SP spikes.
Cheers
John
Hi Dan,There is just not the stock to buy. I have noted just how...
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