TSXV:WEE.H - Post by User
Comment by
invinoveritason Jul 19, 2011 11:59am
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Post# 18847108
RE: RE: RE: RE: RE: Stunning
RE: RE: RE: RE: RE: StunningI appreciate your comments and agree with the conclusion.
I would add:
25mil in cash- as we near q2 reporting I usually discount cash balances 20-25% depending on the nature of the business. Companies can burn cash quickly or have charges investors are not aware are coming. An example would be an energy service co I invested in which had equipment held in customs which it needed to take a big charge on. They did not make this public until an earning release.
BNN- If the CEO wants to promo the company "make this a billion dollar co." that is fine. You cannot however then go mute after that and have zero IR resources in place to respond to investor concerns. I'm not even sure the BNN route makes sense a lot of time. They need more interest from small Bay street shops.
Insider- the SP has been week for some time now and zero bites since Feb. That seems odd if this can be a billion dollar co.
lets hope they deliver soon