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.
I would add buying at a discount to the cash backing of a small...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add YOW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.275M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| YOW (ASX) Chart |
Day chart unavailable
