"If at first you don't succeed, try, try again. Don't give up too easily; persistence pays off in the end. The proverb has been traced back to 'Teacher's Manual' by American educator Thomas H. Palmer and 'The Children of the New Forest' by English novelist Frederick Maryat (1792-1848)”.
Will this be true for MTO? For many similar… it hasn’t. For sister others… and then some.
It just would be nice to see a Canadian Company (o.k. Quebec) with such a checkered history actually make a good story. Maybe management needs to dream a little more. Better than dreaming in Mexico or similar South American countries where equivalent tax systems are the norm – AS IF. Ecuadorian math can become very difficult under certain circumstances. If estimation was that simple companies in these countries would be a theoretical zero. It just goes to show that the market has its own set of rules… especially in this sector.
So what’s better the SP or the story. We all know what investors want. Let’s see if Ghislain can make it happen.
P.S. Apple has been a good short and it looks like it has the ability to carry on. Could it be the1980 version of Sony? You know it’s been there once already.