TSXV:PEC.H - Post by User
Post by
tedjjjon Dec 07, 2011 2:14pm
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Post# 19300111
21million cash vs share price
21million cash vs share priceif the current 21million cash is real, then the current share price is reasonable, because we have 198million outstanding, that is why i said the market is always right, in the future if the company can't generate positive cash flow, plus the high cash burn rate, the share price will slide down from current level.