For comparison purposes, the market is currently valuing GDN at ~$47M. They are very low on cash.
Quite incredible really, the anomalies that can appear in the market. Compare the flow rates of GDN's PB1 to KEY's KN1.
I would much rather have my $$'s invested in the management team of KEY.
And yet the market is valuing KEY at $1M on a net of cash basis vs GDN's ~$45M (net of cash).
aex presentation, page-26
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