1PG
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0.00% 16.5¢ 1-page limited

Ann: Half Yearly Report and Accounts-1PG.AX, page-17

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  1. coopernic
    146 Posts.
    lightbulb Created with Sketch. 16
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    30/09/16
    14:38
    Post #: 19541423
    Not a great report in terms of trying to move to profitability....BUT...can someone explain to me why a company with 23mil in the bank and 14mil in US bonds (38mil total) and 1mil of liabilities to pay only has a market cap of 25mil?

    To me that's a market cap 35% below current book value ignoring intangibles
    1PG Price at posting: 22.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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