TSX:LSG.DB - Post by User
Post by
bubbleworldon Feb 10, 2014 10:46am
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Post# 22191211
Price to Book: Half
Price to Book: HalfAt 10:40AM and priced at 78 cents: It's just under 0.5 P/B, and that is basically correct for the debt load. I honestly don't see why this company ever traded below 0.25 P/B in the year 2013, except maybe the brief summer panic. If it was on the Venture exchange I could understand.