% Owned by Institutions 87.90%
institutions want return for fund and therefore when company turns profit, eventual buyout will take place as company trading below book value ?
Hahahah...the company has been trading blow book for years! Additionally book value has dropped considerably. It used to be 4 bucks a share. Thanks for the dilution and aging equipment....
good point harvey.. very true. Institutional . Investors will demand it and they are the majority
Yahoo lists book value $2.78 for most recent quarter.