What is the ratio asset value of WOF/share /compared to AII?Nothing has changed with Almonty's Mr: Black's takeover, the stock continues to be manipulated and held down like Dundee's accumulation of cheap shares in exchange for services and the likes of loansharking financing @12% / year. ( same Sh? t different smell )
Why would Dundee turn WOLF's shares to Almonty so cheap, a company that is loosing Millions of $$$$ as recently reported in trying to maintain the Spanish, Portugues, & other operations going with much less in ground asset value compared to WOF.
Could someone on this Board closer to the picture give us a comparable analysis opinion on both companies reported in ground assets and it's law of pure potentiality.
For me this is the third time over the years that I have been thrown under the Bus by Dundee and its gang. ( Why did Ned Goodman oust Brian Wesson?? and delay the project?? as we got sucked in the dream of growth)
I have given up on Dundee a long time ago, my question is where is the body like "OSC" that is in place to monitor protect shareholders and investors from manipulation, fraud and to insure that there is proper communication provided to shareholders and that their investments are protected from being given away and exchanged for peanuts.
Almonty Industries Inc (TSXV:AII)
Net Current Asset Value Per Share
C$-0.46 (As of Mar. 2015)
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock and long-term debt).
Almonty Industries Inc's net current asset value per share for the quarter that ended in Mar. 2015 was C$-0.46.
Do Your DD and Investing 101