AXT
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0.00% 1.4¢ argo exploration limited

Hi LOTM, I'll throw in another reason why the discount is...

  1. squidd
    2,911 Posts.
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    03/11/15
    16:06
    Post #: 16316919
    Hi LOTM,

    I'll throw in another reason why the discount is present;

    Small cap, illiquid stocks that hold shares in other companies rarely trade at 'see through' values. The market does not always work the way your calculations do. (AXT holds $x value of PANR shares so AXT share price should be y cents)

    IMO I doubt there's really any more to it than that.

    Cheers!
    Last edited by squidd: 03/11/15
    AXT Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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