so reading the interim report, i see that the amount retained by Cott is $5.3M roughly. Add this to the $1.1M cash held. Add back also the $1.66M
So by year end, they will have $8M in cash, minus whatever they spend this year. this is equal to about 10c per share in cash.
so with 77 million odd-shares out there, isn't this trading at less than 50% of cash backing?
am i reading the report correctly?
Ann: Interim Report, page-2
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