Hi all,
Am I missing something here? If shares are issued at 4 cents to partially retire debit, I can I not be very confident that such a figure is assessed - by those with far superior stock analysis skills than I - to be a fair, if not conservative valuation?
Therefore surely anything that can be acquired below that value now is a gimme....?
The way I see this is that those owed must have seen a considerable upside to the 4 cent price to agree to it.
Would appreciate anybody's thoughts on this matter....
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Hi all,Am I missing something here? If shares are issued at 4...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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3 | 2596 | 1.045 |
3 | 3726 | 1.040 |
2 | 2898 | 1.035 |
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Price($) | Vol. | No. |
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1.055 | 77023 | 3 |
1.060 | 53603 | 4 |
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