TSX:CUS.DB.D - Post by User
Comment by
ronstrenon Sep 16, 2015 7:02am
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Post# 24107633
RE:Book value was 11 cents a share as of June 30th...
RE:Book value was 11 cents a share as of June 30th...Kherson wrote: If you look at what is left for Shareholder Equity in this company, which was about $20 million as of June 30th, and only look at the rate of Depreciation of the PP&E assets, you will notice that the remaining Shareholder Equity will be completely wiped out in 3 months!
So today's BV is about 6 cents a share!
Kherson
Reference: p.38, 2nd Quarter Results
this post from the same tool that was buying PSN at $15 or PLT.UN at $5.00, Teach us more Mr. accountant