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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Post by jd43xlon Aug 30, 2014 10:34pm
570 Views
Post# 22893283

NAV

NAV
I hope someone can make some sense of the NAV calculation. According to Mart's latest financial report, it appears that the net of assets minus liabilities is only about $80 million, or about 22 cents/share. With the dividend cut, I have to wonder why it trades as high as it does.
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