SRF 0.00% 6.8¢ surfstitch group limited

Someone is building a stake, page-86

  1. 14 Posts.
    Where are people getting this 20 cent valuation from? The 31-December-2015 reports $145.6 Million total current assets, of which $61.2 Million is cash. This was reported in Feb, and its not like they are burning through cash. Market cap is about $283 at 50c. So 20 cents does not make sense. Is there something missing?
 
watchlist Created with Sketch. Add SRF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.