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)
Is -34% this month. They reported a good quarter and maintained guidance, and trades at 3X PE while earnings growth remains. But they cut their dividend. She's pissed off, but is holding on because of its low PE. It's totally mispriced.