RDG 0.00% 2.2¢ resource development group limited

Thoughts on Management, page-40

  1. 1,384 Posts.
    lightbulb Created with Sketch. 212
    Please correct me if I'm wrong, I'm trying to learn all of this.

    So as of Friday afternoon, we closed at 2.8c

    EV = MC - (Cash + Cash Equivalents) + Debt
    EV = 17,679,313 - 18,000,000 + 0
    EV = -$320,683

    We are still trading at a negative EV?! :O

    A company possibly with positive cash flow, trading for a negative enterprise value.
    Last edited by dalto24: 20/01/18
 
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