GREY:WONEF - Post by User
Post by
caillenon Apr 16, 2015 2:16pm
664 Views
Post# 23637259
Don't get this...
Don't get this...First time on this board...market cap of $49M, sales of $374M, operating income of $30M and net income of $18M with only $95M in long term debt. I don't understand. The only two negatives I can see are their lack of significant cash (only $5.89M) and the fact that their goldwill and intangibles account for the all the positive equity. But, the positive is naturally the revenues and the low market cap with sustainable debt. This should be double the price at a minimum and not the third worst performer on stockcharts SCTRs. Kudos for raising equity last fall but they should have raised a little more and either sat on the cash or lowered debt covenents. Should bounce in the next few months at least back to it's 50 day ($3.00).