contracts have been coming for years increasing the cash in bank from 5-6million$ to 28-30million$ but has meant zero increase in company value. It was valued at 20million$ when it had 6million cash in bank.... now 28million$ and it is valued exactly the same. oh shareholders have to wait again for the half yearly... again. which imo will show 30-38million cash in bank and sp may adjust to value of 25million$. Not a good industry to be pursuing if value will always be 30-40% less than cash in bank.
Ann: Consolidation/Split - WSI, page-18
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