eze is cashflow positive PRIOR to capital expenditure, its 4th qtr report shows cashflow up 50% on the previous qtr, appears to be making $45,000 /mth from digital business and growing, as Mac12 has said numerous times in past threads, eze's cap is currently less than its investment in WTI. WTI's last trade on AIM was 22.5p making eze's holding worth $10m, eze's cap is now $8m, digital biz is making money and has growth so what's this worth???
as an indication eze was trading consistently 12 months ago prior to WTI at 10-12cents so my guess is this is what holders feel the digital biz is worth, so add WTI at 16 cents and what do you get - not 13 cents as the market is suggesting now!
time will tell once the market becomes aware. eze appears under valued and only because its under the radar.....for how long????
cheers
EZE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held