1PG 1-page limited
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Not a great report in terms of trying to move to...

  1. coopernic
    146 Posts.
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    30/09/16
    14:38
    Post #: 19541423
    Not a great report in terms of trying to move to profitability....BUT...can someone explain to me why a company with 23mil in the bank and 14mil in US bonds (38mil total) and 1mil of liabilities to pay only has a market cap of 25mil?

    To me that's a market cap 35% below current book value ignoring intangibles
    1PG Price at posting: 22.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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