YOW
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0.00% 2.5¢ yowie group ltd

Ann: Revenue Guidance Update and CEO Appointment, page-115

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  1. croasian
    2,211 Posts.
    lightbulb Created with Sketch. 48
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    05/01/18
    10:22
    Post #: 30062069
    I would add buying at a discount to the cash backing of a small company only has relevance where shareholders exert influence over the board.
    In this case they will liquidate to prevent further operating losses.
    Hence control is especially important in a microcap.
    The directors can keep businesses running for generous salaries while draining cash if no-one watches them.
    Last edited by croasian: 05/01/18
    YOW Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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