EYE 3.33% 15.5¢ nova eye medical limited

If course it is conservative for you. They have taken every...

  1. 11,188 Posts.
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    If course it is conservative for you. They have taken every mangled metric from the company's latest slide and ignored:

    -the 12 month historical return on shareholder investment was negative 4.3%
    -large loss, no dividend, another loss projected, cashflow negative and questionable cash reserves, but......
    -E&P, the former Lead Arranger, with an ongoing interest - puts a 197% upside on it to 70 cents. Why? They did not explain it, but will they be involved in a capital raise?
 
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