Market cap at this share price level is around $40 million. They have $27 million in cash and no debt. They also have a year’s worth of inventory worth something like $15 million or $20 million. Back all of that out and you get a negative EV. But you reckon it’s overvalued. Good for you.
STP Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)