guys,
do the math on this one...
the value of WRL's share in Northern Uranium (NTU) is worth about $4.9 million. They have cash in the bank of $1.3 million. So on this basis alone, their assets are worth $6.2 million.
At 21 cents, their market cap is worth $7.9million.
So the market is saying that all their other assets are worth a measly $1.7million.
So the question then becomes, is the sum of all the company's other assets worth $1.7million.
If you think it is, then please explain it to me, because I cannot understand this insane logic.
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