Thoughts?20 Aug 2019 11:34
My take on this is that for the share price to rise back to the levels where a lot of people on this thread bought in at, it would take years of good performance. At least this way if there is an acquisition/merger/recap in years to come, PIs will get a return at a valuation that is fair market value instead of the undervalued share price. For PIs to get fair market value while the stock is still trading, the share price would have had to catch up with the intrinsic value of the company. Given recent news being more on the positive side lately but the share price still declining, it didn't look like this was going to happen. If nothing happens in years to come and performance doesn't pick up then PIs weren't going to get anything back anyway. Public or private, from where we are now, if PIs are ever going to get anything back it would probably be years from now whether the company is public or private.
Thoughts?