PSH 0.00% 4.9¢ penrice soda holdings limited

moreld, doesn't it work like this? Assets = $93m. Market cap =...

  1. asf
    9,888 Posts.
    moreld, doesn't it work like this? Assets = $93m. Market cap = $15m. Debt = $80m. Therefore, a valuation means PSH is -$2m valued if it had to be sold off. That's why the market cap is so low,I guess- people just minus assets from debt. A reduction of debt would mean a rise in share price. If PSH can demonstrate that, then all is well. If there is a messy court case, this would add further problems.
 
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