GREY:LSTMF - Post by User
Post by
bushhog1on May 25, 2015 10:11pm
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Post# 23763351
Highlander
Highlander
In 2012 LTS had an Equity of $3,433M and a Outstanding shares of 192M
hence the about $18.00 per share.
These writeoffs since, are just accounting entries and the Company still has these
Assets eg they still have these Intangibles and revalued Tangible Assets
which will be written back up once oil price goes up.
The LTS Company is different from the Stock Exchanges
and stock prices goes up or down based on the perception of the Company.
This perception is created by the Big Players via their Analysts and the Media.
I prefer to follow the Company since I am a long term Investor