Is $AIRT cheap enough to offset corporate governance flags?

(via www.whopperinvestments.com)

A long, long time ago, I mentioned AIRT, a profitable company trading for less than book. Since that time, the stock price has gone down >10% (from the low $9s to the low $8s) despite a 7% increase in revenue and ~4% increase in book value. So I thought it was time to take another [...]
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