Hmm, how frustrating! I was going off the Commsec-listed market cap - I've usually found it reliable, but I guess it's not! They are only counting the shares that are presently tradable, and hence the $10M valuation.
I wonder if they mix that up much? Current market cap stands at about $15M, then.
I'm still happy to sit patiently in the queue. The validity of my 'buy the negative premium' argument has been kicked out the door, but they still look good for a $5M asset valuation!
Damn, and here I was thinking they were giving money away!
URO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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