morning traders 5/07, page-109

  1. 17,400 Posts.
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    YOW... ummm... biggest no-brainer of all time IMO here

    Mkt Cap 18m (217m shares on issue)
    USD 16m cash (AUD 23m)

    Capital Return of 2c just announced - so market will have to value this company AT LEAST on their cash backing now IMO

    Cash Backing is 10.5c ...
 
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