You are right, they are making money quietly in the background. They last traded at 10c and yet their financial report last February for YE 07 gave the net asset backing per share at 16c, and their latest report a couple of months ago for FYE 08 gave it as 17c. That in my view is the absolute minimum these shares are worth and the management ought to be making more of that because it's a sleeping success story.
You are right, they are making money quietly in the background....
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
