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  • dontbetheball dontbetheball Nov 28, 2001 10:50 AM Flag

    Why is this stock trading so low??

    Most of the institutions here would welcome any kind of liquidity event. I agree that the Asset Value people are serious investors and may be our saviors at some point. what a statement Wheaton makes when he says he will not go private. The only reason for a company this size to stay public is to support growth and acquisitions-of which we have seen neither. It costs 750,000 per year to stay public and the company's EBITDA is only $7.0mm.