a quiz for noninvestors guess the price, page-7

Hi Moly,

I will have a more detailed look at ITD. Thanks for the post.

BTV is not the only cheap share out there. Lots to choose from. All the more reason to favour one who has cash to spend...

At just a passing glance $17m of ITD's NTA are intangibles. I don't know what they are... but I always take these with a grain of salt...

But I always know what the value of cash is. (it is written in the corner of the notes : ) )

Re RBM, I hope for your sake it is a winner. But RBM need to raise more cash this quarter (by their own admission), and their 4th QTR cash flow statement had their cash position at less than zero. (yes, I know they have some coming...etc... but it is not an ideal situation. They are cash poor but asset rich.

With RBM, if they had an extra $2-3m in the bank, the risk premium wouldn't be there. So I am happy to watch RBM for a while and see what happens...

Good luck.