GCY 1.82% 54.0¢ gascoyne resources limited

Actually Davisite, debt increases the EV, it is cash &...

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  1. 787 Posts.
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    Actually Davisite, debt increases the EV, it is cash & equivalents that decrease it. Hence it is only a lower market cap. and any debt repayments with a cash issue that will lower the EV in this case, plus any remaining cash on hand resulting from the CR.
 
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