MBN 0.00% 8.3¢ mirabela nickel limited

time to buy , page-12

  1. 446 Posts.
    Propunter23red

    how you work you figuers out
    debt is only $385
    + there have about $60-50 million CASH on hand
    + nickel price moving back up
    + book value per share is $1.07
    rework it please
    and this report
    THE STOCK MEETS THE FOLLOWING VALUE CRITERION SET BY BENJAMIN GRAHAM:
    "A stock price down to at least two-thirds of tangible book value per share"; the price is 0.65 times tangible book value per share of $1.07.
    "Total debt less than tangible book value"; total debt of $383.5 million is less than tangible book value of $501 million.
    "Current ratio of two or more"; current assets are 2.15 times current liabiliti
 
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