Kanen Wealth Management Calls for the Sale of U.S. Global Investors (GROW) to End its Embarrassing Journey as a Public Company
U.S. Global Investors(GROW) GlobeNewswire News Room·2024-09-04 23:20
COCONUT CREEK, Fla., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Dear Mr. Frank Holmes and GROW Directors, Kanen Wealth Management, LLC ("KWM") is one of the largest shareholders of U.S. Global Investors, Inc. (NASDAQ: GROW), owning over 450K shares, representing 3.3% of the Company's stock. At the core of our thesis, we believe that the Company's current share price is significantly below its intrinsic value and that investments, real estate, and cash alone are worth more than the market cap. Additionally, we belie ...