OTCPK:EUCTF - Post by User
Post by
kidl2on Oct 06, 2017 3:03pm
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Post# 26787259
The market – A forward looking instrument
The market – A forward looking instrumentLooking past the current quarter ending Sept 30 which may finish with somewhere around $7.5 Mil in cash, the next quarter ending Dec 31 will bring this down to ~$6 Mil or $0.065.
Add in the tax loss season and I doubt the $0.065 will hold unless EUO pulls some sort of rabbit out of the hat between now and the end of the year.
MC holding companies with declining cash balances tend to be valued at a discount to cash and so they should be.