GREY:OXIHF - Post by User
Post by
xbonds1on Jan 14, 2016 9:42am
75 Views
Post# 24457350
Share price
Share priceLooks like the stock price is a bit firmer after the release of the financial update. It will be good to see the 2015 numbers to see how much further the business has grown.
Stock price is still cheap even with the amount of shares outstanding imho as most of the shares are tightly held. Problem with this company is not too many people know about the turn around in the company's business model, It has taken a while to get to positive net income numbers but the leverage on the processing business is fairly substantial if they can get up to 10m a month in processing
.Hopefully when we see some more current numbers they will reflect decent growth in processing volume and an increase in revenue.