TSX:CUS.DB.D - Post by User
Comment by
mileshighon Sep 16, 2015 7:47am
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Post# 24107693
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
So by your calculation, canexus has a book value .11 cents higher than your portfolio ?