GREY:PSGLQ - Post by User
Post by
ok2buyon Apr 01, 2016 4:55pm
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Post# 24721989
January 2016 - Interim Financial Report
January 2016 - Interim Financial ReportThe following taken from the January 2016 Interim Financial Report (as filed on Sedar): Total shareholder equity (as of Nov. 30/2015) was $297,509,000. Total number of outstanding shares is 45,600,000. I have a valuation per share @ $6.52. Today's close @ $4.03, represents a discount of almost $2.50/share, down 38.2% of that valuation. I believe that PSG's shares are now being discounted too much. Doesn't matter much what I believe, this is what the market thinks. Way oversold?/ok2