OTCPK:EUCTF - Post by User
Comment by
kidl2on Feb 22, 2018 3:51pm
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Post# 27604606
RE:Provided Link from May 17, 2016 Analyst Report of EUO
RE:Provided Link from May 17, 2016 Analyst Report of EUOStruthers was actually quite correct with his assessment. In early 2016 EUO had an amazing opportunity.
Flush with cash they could have done a lot of things ... Acquisitions or even pay out 50% of their cash as a special dividend.
Instead they chose to maintain the “party line” as in blowing idiotic amounts of money away in so called R&D and equally idiotic overhead.
The big bids at $0.07 puzzle me. Why would these people want to buy a cash balance which is going into insider pockets day by day, month by month, year by year?
NONE of this SICPA cash has been used to increase shareholder value.
Why anyone would want to pay for cash which is destined to vanish is beyond me.