Morning trading August 28, page-255

  1. 48,997 Posts.
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    BEL

    Market Cap $6 Mil
    Cash : $2 Mil Circa

    Investments

    SRK Shares $8.4 Mil and we can all see where this is heading

    So an Valuation of at least 10-11 cents per share gives them a 0 EV

    This should really be trading near 12-15 cents IMO

    Shares on issue only 76 million

    Top 20 hold 65 percent.

    Too cheap IMO

    Patience will pay here, as the spread is not that good.

    It should be worth 10 cents right now based on SRK
 
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