1PG 0.00% 16.5¢ 1-page limited

Shares on issue: 153.7m Share price: 28c Market Cap: $43 million...

  1. zym
    1,257 Posts.
    Shares on issue: 153.7m
    Share price: 28c
    Market Cap: $43 million
    Strong financial position with $41.2m of cash and  financial assets as of April 30,2016.

    So:
    - Decided to dip in after realizing the $$$$ EV and sound cash position.
    - Has fallen by 95% from last year's high . . .100% gain from 28c is still 90% down from 52-week high.
    - Currently sitting around the cash backing although there were ludicrous placement to "smart buyers" around $5. . .
    - Certainly an absolute high reward from current price but risk has been its middle name. So yeah, DYOR

    Will be happy to buy bigger parcel if it goes to mid 20c.

    Again, DYOR and GLTAH
 
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