Pay 50 cents to get 88 cents in cash! Company is cheap.As of 30 Nov 2015
Assets (mostly cash + receivables) - 45M
Liabilities (credit + debenture) - (15)M
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Net Cash 30M
Net Shares post consolidation 34M
Net cash per share ~88 cents
This is trading at half of its cash value, not sure where the 40 cents came from, all comments welcomed.