gullewa ink dries tomorrow

Due tomorrow, another $3m for the coffers, and 2m ATW shares.

That brings BTV's cash on hand to over $15m, with a further $10m to be received. mcap still $13.323m, and no debt.

Just the interest on BTV's cash will earn them $1.2m annually at 8% at the moment.

I still find it astonishing that BTV can be purchased under 10 cents, with a NPV of 19.2 cents... Some 'investors' must really need the cash to sell now.

An opportunity for contrarians to accumulate...

DYOR

disclosure: 1,030,000 shares. Last purchase yesterday at 9.7.