(Total Views: 279)
Posted On: 12/27/2023 1:11:30 PM
Post# of 32999
Thank you, Red.
I was just going to say something very similar to that but you type faster than I. It is often misleading when only one or two lines of a paragraph are quoted as it doesn't necessarily show the full meaning behind the statements. When looking at the whole paragraph, it makes a lot of sense.
"Of course I recognize that we are all disappointed with the current share price caused by a combination of unprecedented, prolonged poor capital markets conditions and the corresponding machinations of bad actors. However, share price has very little to do with the value a strategic buyer places on the business in a sale. Accordingly, while we have virtually no control over market conditions and the share price, we do have control over the intrinsic value we are creating as evidenced by the long list of achievements detailed above. As such, we believe our long-term investors may have an opportunity to generate returns that are not reflected in the share price alone."
I was just going to say something very similar to that but you type faster than I. It is often misleading when only one or two lines of a paragraph are quoted as it doesn't necessarily show the full meaning behind the statements. When looking at the whole paragraph, it makes a lot of sense.
"Of course I recognize that we are all disappointed with the current share price caused by a combination of unprecedented, prolonged poor capital markets conditions and the corresponding machinations of bad actors. However, share price has very little to do with the value a strategic buyer places on the business in a sale. Accordingly, while we have virtually no control over market conditions and the share price, we do have control over the intrinsic value we are creating as evidenced by the long list of achievements detailed above. As such, we believe our long-term investors may have an opportunity to generate returns that are not reflected in the share price alone."
(8)
(0)
