On value of assets of ARW vs market cap. If we look at value of assets of AAE (Beatrice Plant & all others)before its collapse, there was a big positive gap between assets value and market cap. For some magic or creative accounting reasons, value of all its assets evaporated after the announcement of administration! Similar problem for SWW: big plants and positive announcements about sale agreements, big assets of good value and even positive cashflow before administration and ooopppsss all gone! Too much magics for green tech industries in Ozland! Even hoarding greenbacks is superior to holding Oz green tech shares! Hoarding greenback, sustain depreciation and wait for an overshooting of the US$ and collect profits that are more certain thancap gains from holding green tech shares imo. ARW included!
TEK Price at posting:
1.9¢ Sentiment: None Disclosure: Not Held
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