RE:Crazy bargain here we will have C$0.76/share end of qtrWait a second. Did I read the presentation right?
Does this stock have 16 million in cash, another 37 million working capital and 38 million in investments?? For a total of 91 million.
With a market cap trading at 40 million??? The volume falling off sharply on the historic chart is so weird. Tells you this was walked down by calculated people. Most real longs haven’t sold a single share post consolidation because they know what’s coming.
I feel like this is going to touch a .80-1.00. Then blast off. The financing in negotiations is likely the negative effect to the share price as much as market risk has been. Buyers market, investors can almost name their price (within reason) these days.