Post by
NoEmotion on Feb 17, 2016 11:27am
Cash alone = $0.17/share
Help me understand what I'm missing here...based on Q2 release last week, cash alone reflects price of $0.17/share ($49.8M in cash divided by 300M shares o/s)...any thoughts?
Comment by
NoEmotion on Feb 17, 2016 11:47am
Thanks for confirming my view...I don't trade daily so hopefully the market realizes this soon...so much for market efficiency!
Comment by
DamnYankees on Feb 17, 2016 12:10pm
This is Telesta, and everyone knows that. By the time anything constructive is done and relayed to shareholders there will be 10 cents/share or less in cash. MCNA itself is currently valued at less than nothing and apparently worthless. So in effect 11 cents Cdn is a premium. Note: shareholder value was built between Nov 1st and Nov 17th, 2015.
Comment by
Gary1959 on Feb 17, 2016 12:16pm
I disagree with you. This company is worth what it is worth on paper including cash and that figure .is .17 not sub .10 and that will be proven over the next 2 weeks.
Comment by
terr2 on Feb 17, 2016 12:25pm
Why hasn't it been proven in the last 2 weeks?
Comment by
blartar on Feb 17, 2016 12:55pm
MANAGEMENT'S PLAN ???? ( anybody heard yet ) Collect wages,benefits,and trips until the CASH is almost gone, with more promises. Is it possible they can make it last 2 more years ? Since the Adcom meeting they never made any other PLAN. ( no time I guess ). So we sit and wait, hope,pray, or we can SELL our shares and move on I guess. Any other ideas ? JMHO
Comment by
specul8tor on Feb 17, 2016 12:59pm
blartar..Its going to take something unexpected out of left field to give this a catylast to move upward imo..Perhaps a buyout by someone who still believes in what TST are doing...