GREY:AVNDF - Post by User
Comment by
svageron Dec 20, 2012 1:34pm
309 Views
Post# 20756714
RE: RE: Valuation
RE: RE: Valuation A lot of knee jerk reaction from investors. People are dumping shares on emotions without actually thinking.
I just bought 10000 shares of the company. In my mind book value of the SGL is going to be anywhere between 3.30 and 5.00 thefore even at the low end when the shares are converted to SGL who ever is buying shares now will walk away with 10%-30% profit on the day of the conversion.
As far as I am concerned not bad of a return for 2 month .