PVW 3.85% 2.5¢ pvw resources limited

Companies with no debt issues don't go belly up, they become...

  1. 245 Posts.
    Companies with no debt issues don't go belly up, they become shells and acquire new assets.

    I estimate by the time they give up on apps entirely they will have $3m cash left, so this is a great buy at $3m cap which I think is about $0.003 (1B shares on issue?)
 
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