MFC
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0.00% 0.7¢ metals finance limited

market cap now below cash in bank

  1. The Sparkler
    1,857 Posts.
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    11/03/08
    10:52
    Post #: 3452510
    If this is not a screaming buy at these levels then someone please tell me what is.

    Based on a couple of basic fundamentals:

    Cash/cash equivalents : Just over $22million
    Longterm liability : $3.6million

    NET ASSETS : Just over $18million.




    Market Cap today: 16million.

    Bought some more today at 26.5c

    MFC Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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