Pascal- from the accounts as at 30/6/11
cash at hand 3,000
total liabilities 4,000,000
The funny thing is, even when you are right and the facts are in front of them, people think you are lying !
By all means trade the stock, but don't wait for that juicy valuation. Juicy valuations are 1 in 10.
And this company is not even being taken-over. Go figure!!
p1 valuation report timeline, page-44
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