4. In other words, current share price is trading at a 250% premium to its NTA, and they just burned ($27.8M) in only six months.
Not sure it’s bullish like you’re trying to make out. This thing is a cash oven. Management are doing OK though, they took home US$5.8M for six month’s work. I think you are getting taken for a ride.
Ann: Annual Report to shareholders, page-9
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78.0¢ |
Change
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Mkt cap ! $385.1M | |||
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