WRL
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0.00% 10.5¢ washington resources limited

less than half net asset value

  1. sushi1
    6,389 Posts.
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    10/04/07
    10:39
    Post #: 2338865
    With NTu trading at $1.85.....which is just unreal, WRL is now trading at ABOUT HALF of the value of its NTU shares, cash, options, and on its books.

    Add in the other assets and you can buy it for less than half!!!!

    Value undiluted: 54 cents
    Value diluted: 46 cents

    Now will someone tell me that the market is rational?
    WRL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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