Re: Valuation
As per recent 10Q they have 4B in APA pending. The company should be valued around 4B.
The company is not going to be profitable with the bloated payroll and no new revenue streams. I don't see any 13F and that makes me wonder if company is giving bonus in cash instead of shares.
The problem for buyout is company insiders have no stake in the company. they will not sell as they will lose their cushy jobs. How many shares does BOD own of the company
(less than 1%).
It really needs Vanguard or Blackrock to put pressure on BOD. I think we retail investors need to reach out Vanguard or Blackrock.