RE:RE:A Xwinsys win with a semiconductor major...... to prevent the SP from absolutely imploding? Dude, IT HAS!
Take that $10,874,086 from Trooperhobo's post and divide it by 91,780,000 shares and you get 11.85 cents/share. That doesn't even include the NPV of the royalty stream.
I'd call trading below net cash value 'absolutely imploding'.
There is less than zero value being assigned to all other assets, and zero value to any projects that may provide future profitability.
Is that fair? Do other companies trade at or below their cash on hand level? Very rarely.
Personally I don't mind. I'm happy to buy discounted cash and get a company with lots of irons in the fire for free.
Oh and by the way, from the discussion earlier, that wasn't the video the company didn't want you to see. It was this one:
https://www.youtube.com/watch?v=zrS10e2Kuu4 The SICPA GFI DEMO. You know, the one everyone was raving about a couple of months ago. Best thing since sliced bread, etc. Maybe someone can tell me why they suddenly want to block people from viewing it?
Have a great long weekend everyone.