SDV 0.85% 58.5¢ scidev ltd

net tangible asset-three times the share price, page-7

  1. 541 Posts.
    lightbulb Created with Sketch. 21
    Hi 3500

    Hope you have been well.

    My valuation was on the basics of it being liquidated as per the question.

    I bought back in towards 12 months ago at about .007, based on largely your same lodgic. I then stated selling after attending AGM and meeting Jones, Bell, and Rodgers.

    They have all been on the payroll for many years and it is now and 18 months since Mr Rodgers got the top Job and I still do not see anything tangible on a business plan to return a profit for shareholders.

    If I could see how they could invest 2 Million or so and get it to return towards the million needed to keep corporate vehicle going. I might take another Punt.

 
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