BTV 2.33% 21.0¢ batavia mining limited

net tangible asset backing, page-3

  1. 7,356 Posts.
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    Well you have to give 'em points for getting BTV to this sort of net asset position in this environment. I agree it's been a rocky road, but there's 2 sides to all stories. I don't think Gullewa was all beer and skittles. I had a large stake in this company when the Gullewa thing fell flat, so I should be as peeved as anyone, but my research suggested it was not their fault. From there it's just been a hard grind to get back on their feet, which they seem to be doing. Just my take on it. I know there are lots of aggrieved shareholders, but better to be aggrieved than holding the scrip of a delisted company.
 
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Currently unlisted public company.

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