Mar. 23 at 9:16 PM
$CTM Was waiting for a bright Green Day in the markets to see how this would behave. Here we are.
What we know…no open funding, positive cash balance, let’s say breakeven to positive forward earnings, let’s say trading at a sub 1 p/s on forward revs, deep rooted in US and international military/ contracting…that’s the jist.
Basically a sitting duck at these levels for this superb-clean balance sheet, US defense op.
PA resembles a hostile buyout imo. Not saying this is the case, but as a shareholder I would be negligent to ignore the PA on such a great company.
FWIW, similar PA on buyout
$GVP and
$SEMR One of which I was a shareholder, the other I was on notice and likely a few days late.
I’m not deep enough here yet on any BO suspects but if @PeakBagger cares to toss on his tin foil hat with this having even the slightest possibility, names of likely suspects would be great.
Fwiw, ultra silence usually coincides with such hostile PA we are seeing.
If not that than, I dunno?
