GREY:CXEYF - Post by User
Comment by
barsaxon Jun 21, 2006 9:31am
324 Views
Post# 11015033
RE: Morning Coffee, Canaccord
RE: Morning Coffee, CanaccordJonb:
NAV includes cash and other non-cash assets. So while CAX has .28 net cash (cash - debt), they also have producing assets that are also assigned a value. That is how John Clarke and others arrive at the conclusion that NAV is $1+.
barsax