BEL
Market Cap $6 Mil
Cash : $2 Mil Circa
Investments
SRK Shares $8.4 Mil and we can all see where this is heading
So an Valuation of at least 10-11 cents per share gives them a 0 EV
This should really be trading near 12-15 cents IMO
Shares on issue only 76 million
Top 20 hold 65 percent.
Too cheap IMO
Patience will pay here, as the spread is not that good.
It should be worth 10 cents right now based on SRK
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