RE: Going forward16 Jun 2021 00:37
Hey KPM and Milhous,
KP, things going almost too well in the Dawg's kennel. It scares me...I keep wondering when a shoe is going to drop (US saying?).
Milhous: blinkx ADRs were 10 shares of blinkx per ADR. Citibank underwrote them. There was virtually no market for them. But blinkx was a different company, so there is hope...but...as I've mentioned here before: since the underlying stock will still trade on the AIM, and we've grown significantly in terms of share price relative to company fundamentals, I am doubtful of the success of the ADSs as far as a big bump in our price is concerned above current valuations. This is short term thinking only.
That being said, if our fundamentals keep improving, look out above, regardless of the (what I feel is) absurd 2 shares per ADS. We're not so stupid over here that we can't figure out a fundamentally cheap stock when we see one, whether it's $11 or $22.