Just doing some weekend reading, thought I'd have a look at the last corporate ann for EVR...
$4M cash, a mid $20M MC company and the only continents they don't have a stake in, is Asia and the Antarctic ! WTF ! This is staggering ! All this will do is just drain cash. Do they just have a financial stake in some of these ? If it's more than just cash - this is just hobbling them. IF it is just cash, then maybe they should divest themselves and use the money in projects they want to prioritise.
If ever there was a company that needs to just focus on a couple of things - this is it - this map is insane !
EVR Price at posting:
3.1¢ Sentiment: None Disclosure: Held
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