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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?


To: Eric mulay who wrote (10105)10/6/1998 4:44:00 PM
From: Charles T. Russell  Read Replies (6) | Respond to of 14347
 
No, if you read my posts, you'll see that I firmly believe in RNTK's intellectual property. I didn't believe in the market valuation without a deal... one that isn't coming too soon. I do think that the long term shareholder will benefit.

At .60 RNTK's market cap is about $24mil. Still too high based on the current revenue stream.

RNTK at a lower price .30-.40 becomes a buy-out/buy-in target. At some point, it may be cheaper to buy RNTK, than to license the technology. And of course, this may have been part of TEX's negotiating strategy all along.