Your maths is off unless I'm missing something. YOW had $7m cash at the end of September 2020 vs a market cap of $8.7m at friday's close of $0.04 per share giving it a ~1.7m EV and $0.032 cash backing per share. Still very cheap, but for a reason...
[Source: Appendix 4c for quarter ending 30 September 2020]
[Source: 2020 Annual Report]
Your maths is off unless I'm missing something. YOW had $7m cash...
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1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.211M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| YOW (ASX) Chart |
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