Looking at the current state of OCA... inflection point reached (So we’ve e’ve been told) and pretty decent growth ahead maybe 15% CAGR, pricing of units not being increased to what they potentially should be (how long has Met been talking to Earl)? this would be the worst time for a takeover for shareholders and the best time for the likes of EQT, getting in before OCA really gets going. I think a potential takeover price range at the moment would be between $1.80-$1.90 about a 30% premium of today’s SP and around Enterprise Value. Which I think would be a steal in the long term and something I wouldn’t be happy about.
Just thinking out loud.