Just thinking out loud, what are the advantages of UG being a public company? They incur all the costs and headaches of being public, but they don’t seem to need to raise capital (they haven’t issued shares in decades and they have quite a bit of cash on the balance sheet).
There appears little advantage or need. Just seems that there has been zero interest in taking it private, so it's just sat around for decades in the same core state.
Just thinking out loud, what are the advantages of UG being a public company? They incur all the costs and headaches of being public, but they don’t seem to need to raise capital (they haven’t issued shares in decades and they have quite a bit of cash on the balance sheet).
There appears little advantage or need. Just seems that there has been zero interest in taking it private, so it's just sat around for decades in the same core state.
Thank you for the update, Devin!