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3,701 Posts.
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05/12/08
12:50
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Claws
your comment "market values PNA only 5.5 times more than a loser like INL"
Indicates that you have no understanding of market value.
You cannot just compare share prices . This is meaningless. You have to compare enterprise value.
That is Market cap + debt. In PNA's case that is market cap of approx 160 plus debt of approx 480M. Total 640M.
The market is valuing PNA at 640M . INL is only a fraction of this
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