As at 9 July 2011 Bandanna had a market cap of $880 million with $66 million cash in the bank (427m shares on issue)
2 years later............
As at 9 July 2013 Bandanna has a market cap of $66 million with $121 million cash in the bank (528m shares on issue)
Anyone have any thoughts on why BND is trading at close to a 50% discount to cash backing?
As at 9 July 2011 Bandanna had a market cap of $880 million with...
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