EV = MC + TOTAL DEBT - C WHAT IS THIS ????This is the formula to calculate (ENTERPRISE VALUE). Well the Trolls have been going on about how the enterprize value of Zinc8 is only 18 Cdents CDN per share. Look at the formula and you see why this number is low. In the case of Zin8 this low number compared to the stock price is a good thing. Zionc8 just recently raise over 15M CDN and this is sutracted from Market cap and Total debt. Zinc8 has little debt and a high amount of cash which results in a low Enterprise Value.
I like Zinc8 because it has a low enterprise value !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Trolls do you really think investors are this stupid. Really !!!!!!!!!!!!!!!!!!!!!
GOOD LUCK TO ALL INVESTORS.