OTCPK:EUCTF - Post by User
Post by
SuperMoneyon Nov 02, 2017 10:30pm
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Post# 26898461
Cash price vs market price
Cash price vs market price
Based on EUO's quarterly report, at the end of June, 2017, EUO had $12.055 million of current assets. Total assets was $17.188 million. But total liabilities was only $1.047 million. Given 90.750 million of total shares, the cash price per share is ($12.055 - $1.047)90.750=$0.12 per share. However, the current market share price is only $0.07. Will the distorted market last long? Or will be corrected soon? Also please see the insider buys at: https://m.canadianinsider.com/company?menu_tickersearch=EUO%20%7C%20Eurocontrol%20Tech%20Grp ------------------------------ (Please be noted that this is only my thoughts/opinion based on my understanding. It is not a financial advice. Do your own DD and invest your money wisely. Cheers.)