1PG 1-page limited
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Cash backing

  1. wubing
    4,133 Posts.
    lightbulb Created with Sketch. 64
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    16/08/16
    12:14
    Post #: 18527448
    41M cash
    check on 5 Aug ann
    And 113,298,117 shares in total
    40,886,230 Fully paid ordinary shares (escrowed to 9 October 2016)
    so if not including escrowed shares, the cash backing would be 36c, even include the escrowed shares, cash backing is still 27c!!!!!!
    Time to go for it IMHO
    A strong buy from me.
    1PG Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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