GREY:SAYFF - Post by User
Post by
Mackwiseon Dec 19, 2019 10:36am
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Post# 30472371
RE Vehicles
RE Vehicles If they own the vehicles there is overhead in the form of depreciation and maintainance. If they lease there is a fee designed to cover all costs plus a profit.
SAFE is only worth the income it generates over and above all costs. They may have plently of contracts but are they generating a profit? At 4.5 cents (down from 83) the market appears to have little faith in this business. Let's wait for the statemnt covering the next quarter and see if things turn around.