LVL must be trading at over 100 times nta and close to zero nett value. To me that suggests that either the shareholders are complete nutters or profitable deals are in process. I would guess the latter, and would add that I think it utterly appalling for a company on such thin ice to keep the shareholders so uninformed. They must feel as comfortable as the man under a precariously perched bucket of feces. The only upside is that KB has long since decamped.
Billy
LVL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held