-
Share
330 Posts.
10
23/10/17
21:14
Share
@miningnut: Yes, your 'best estimate' was spot on.
But what good is it?
You have a company trading at market cap of A$59m.
With over A$21m of cash and gold at the bank.
The remaining A$38m is less than 1 year (4 quarters) of gross cash margin.
Seems there's no buyers but plenty of sellers for a stock trading at 1 year gross cash margin.
Maybe we should just cash out of MML and go all in on Amazon, Tesla and Alibaba?
What could possibly go wrong?!
-