Just checked the preliminary annual report, which says PVLs holding is 12.6%. 12.6% of $50 mm would be about $6 mm dollars, which might be more like 6 cps? (If the mc shown on hc is roughly right) ???
Do you know something that I am missing?
Why does any one suggest Ferronova is worth as much as $50 mm anyway? PVL is still carrying their 12.6% at less than $1 mm and they hardly have a record of being conservative?
PVL Price at posting:
11.0¢ Sentiment: Sell Disclosure: Held
