YOW
Click for more information
0.00% 2.5¢ yowie group ltd

I would add buying at a discount to the cash backing of a small...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. croasian
    2,211 Posts.
    lightbulb Created with Sketch. 48
    clock Created with Sketch.
    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

  2. Top Stories

 
watchlist Created with Sketch. 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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.