Comparing to WELL
Here is similar evaulation for Well... it's rough
Total Ravenue 302MM .... last Q (140MM)
Gross profit 154MM .... last Q (75MM)
Oper Exp 162MM .... last Q(70MM)
-------------------------
-12MM
Assets 1,263MM.... .after last Q( 1,300MM)
Liab. 555MM....... after last Q(536MM)
end cash 62MM... last Q(57MM)
Value = 770MM, ... value=820MM
.. 228Mil of shares
770m/228m = $3.3, 820/228= $3.59
So, Well is doing fine .. current sp is around $3
=====================================
So, you can argue .. that book value of the DOC is around 0.7-0.8 and trading at 0.26
but the value goes down each quarter.
Well is not much under valued .. but over last two Q book val went up by 50MM.