whats the business all about, page-5

  1. 789 Posts.
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    Rocket,

    I couldn't resist responding that I have actually done what you put forward here and bought 1.1m shares for $90,000 over the last week and a half at an average price of 80c. I did it mainly for the reason you put forward that joining the top 20 is incredibly cheap for a stock with such massive revenues.

    Another couple of figures worth mentioning are the staff of 6,200 and the operating cash flow of $54.6 million which exceeds the market cap. There are few occasions when you get to buy a stock of this size at a price that is less than the operating cash flow per share.

    I know that there are massive risks here but I believe the possibility of a massive gain makes those risks worth taking. The sharp fall in our dollar is going to help if it continues. A solid part of the loss last year was a currency option loss and as pointed out by one of the posters, there is a good chance of this being reversed now.

    GPASAS
 
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