You can always buy a share of it! (1/102 million is only a very small slice though!).
Everyone always focuses on the share price "as at now", but seems to forget that the SP/NTA ratio for companies moves around a bit (sometimes because of the market, sometimes because of the sector, and sometimes for no reason at all). The NTA of EGO is actually improving, with time, which seems to get forgotten or conveniently overlooked by the naysayers. Net assets FY15, for example, was reported as $63.1 million, which was 72% higher than the previous year (at $36.6 million), with gross profits 73% higher and EPS+400%. Yet because the share price is not reflecting this some are very quick to blame poor corporate communications and poor management.
If you look at the other subsidiaries of MIN you will see similar growth trends, with the difference being the growth in share price. But if you remember, MIN too suffered from lack of SP growth at one point, dropping from $12.74 in 2014 to $3.34 earlier this year - a drop similar to the EGO drop from 1.1c to 0.27c (27 cents in new money), remembering that pre-GGW1 EGO traded off a base of 1.1 cents for a long time.
And at 36 cents (0.36 cents in old money) and market cap 50% of NTA - is it a buy? I agree, silly question.
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