A journey to the north - 1pg ($1.20-1.50), page-172

  1. 3,703 Posts.
    lightbulb Created with Sketch. 228
    This is at cash backing price now, crazy to see this price.

    The 4C dosent need to show revenue figures only cashflow from what I know. Feel free to correct me.

    Low Market Cap of $43m fully diluted
    Cash $40m
    EV $3m.

    The big boys are buying now, a lot of games being played.

    Friday there was a iceberg order at 28c and last time we saw that happen the sp jumped 50%

    When I see other ASX listed companies that have market caps of $150m to $300m with little cash and no revenue this is steel at these prices.
 
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