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Barnwell Industries is an off-the-beaten path company and clearly thereâs risk here that management and the board do not perform and take a status quo approach. In such a small company, with so many different kinds of businesses as moving parts, thatâs a big concern. But, this is a great candidate for activism.
In this report I will be looking at Barnwell Industries (NYSEMKT:BRN). To make things short and sweet, there is a significant amount of value within the company's four business segments - however, if you dig deep enough, the management team and board of directors will leave a nasty after taste in your mouth.