Share priceDNV share price should shoot up once people realize its true share value by looking at the following financial facts:
The Company had cash and cash equivalents balance of more than $6 million at June 2014, and the company has almost no any debts and liabilities. The current market CAP is only $2.6 million, which is far undervalue the DNV shares!
Given excellent properties/projects, it could easily turn this 1.5 cent stock into a $0.15 issue without any property progress announcements. If you have a speculative bone in your body, this looks like a good bet.
| Assets [+] | in Thousands of Dollars | |
| | 06/2014 | 03/2014 | 12/2013 | 09/2013 | 06/2013 |
| |
| Cash and Equivalents | 6,184 | 7,132 | 8,479 | 9,559 | 12,721 |
| Restrictable Cash | - | - | - | - | - |
| Marketable Securities | - | - | - | - | - |
| Accounts Receivable | 83 | 81 | 246 | 568 | 643 |
| Loans Receivable | - | - | - | - | - |
| Other Receivables | 83 | 81 | 246 | 568 | 643 |
| Receivables | 83 | 81 | 246 | 568 | 643 |
| Inventories, Raw Materials | - | - | - | - | - |
| Inventories, Work in Progress | - | - | - | - | - |
| Inventories, Purchased Components | - | - | - | - | - |
| Inventories, Finished Goods | - | - | - | - | - |
| Inventories, Other | - | - | - | - | - |
| Inventories, Adjustments & Allowances | - | - | - | - | - |
| Inventories | - | - | - | - | - |
| Prepaid Expenses | 176 | 177 | 103 | 154 | 200 |
| Current Deferred Income Taxes | - | - | - | - | - |
| Other Current Assets | - | - | - | - | - |
| Total Current Assets | 6,444 | 7,390 | 8,828 | 10,281 | 13,564 |
| Land and Improvements | 521 | 588 | 636 | 645 | 632 |
| Buildings and Improvement | - | - | - | - | - |
| Machinery, Furniture and Equipment | - | - | - | - | - |
| Construction in Progress | - | - | - | - | - |
| Fixed Assets, Other | - | - | - | - | - |
| Fixed Assets, Total | 521 | 588 | 636 | 645 | 632 |
| Gross Fixed Assets | 521 | 588 | 636 | 645 | 632 |
| Accumulated Depreciation | - | - | - | - | - |
| Net Fixed Assets | 521 | 588 | 636 | 645 | 632 |
| Intangibles | - | - | - | - | - |
| Cost in Excess | - | - | - | - | - |
| Non-Current Deferred Income Taxes | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | - | - |
| Total Non-Current Assets | 521 | 588 | 636 | 645 | 632 |
| Total Assets | 6,965 | 7,978 | 9,464 | 10,927 | 14,196 |
| |
| Liabilities [+] | in Thousands of Dollars | |
| | 06/2014 | 03/2014 | 12/2013 | 09/2013 | 06/2013 |
| |
| Accounts Payable | 484 | 469 | 828 | 292 | 1,051 |
| Short Term Debt | - | - | - | - | - |
| Notes Payable | - | - | - | - | - |
| Accrued Expenses | - | - | - | - | - |
| Accrued Liabilities | - | - | - | - | - |
| Deferred Revenues | - | - | - | - | - |
| Current Deferred Income Taxes | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | 484 | 469 | 828 | 292 | 1,051 |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A |
| Deferred Income Tax | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - |
| Minority Interest | - | - | - | - | - |
| Capital Lease Obligations | - | - | - | - | - |
| Preferred Securities of Subsidiary Trust | - | - | - | - | - |
| Preferred Equity Outside Shareholders' Equity | - | - | - | - | - |
| Total Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 484 | 469 | 828 | 292 | 1,051 |