with liquidation value you goto find a buyer for those assets, and i bet you 99% of those tech crash companies didn't have large amounts of cash included in that figure.
BRM has raw cash and is trading almost 50% below cash levels. If you added in pilbara assets, gold and nickel projects it has goto be the cheapest stock on the market.
Anyone with deep pockets could come along buy out all the stock and pocket 50mill cash, and have left over to dispose of as they please ironore 1billion resource (I know sentiment is weak, but it would be still worth many million) gold projects and nickel.
Just wish I had 60mill and I would do it myself.
with liquidation value you goto find a buyer for those assets,...
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$64.97 |
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