Stock price when the opinion was issued
Selling one royalty to Triple Flag Royalties for stock. Likes it right now because company's valued at less than total value of OGN and Triple Flag combined, there's a merger arbitrage in play. The transaction is accretive to both parties. Shareholders should take the share option, rather than the cash option, and be very happy in a 2-3 year timeframe. No dividend.
(Analysts’ price target is $2.00)
Don't run out and buy it hand over fist and run the stock up, it's extraordinarily thinly traded, use a Good Till Cancelled limit order. Generating surplus cash. Very small company with two high-quality royalties. Very well run.