re: Ann: PENTAGON PROPERTIES SET TO ACQUIRE M... well tanny, the...

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  1. nk
    2,808 Posts.
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    re: Ann: PENTAGON PROPERTIES SET TO ACQUIRE M... well tanny, the long and short is it looks like they are going to collect $4million over the next few years, or about 1.5c per share

    Based on that and with the other assets I guess MFI is worth 5 to 6 c so I am buying more under 1.1c

    If Ireland gets his act together(these guys usually do as they are addicted to deal making) it could go back to 7 to 8 c in a couple of years which is why I keep buying on weakness.
 
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