NGC Book Value Per Share Price $0.05At this juncture, one can expect the massive waves of NGC.V shareholder capitulation to commence.
There is no reason to expect that this $0.07 share price can hold up.
NGC.V shares should begin trading at a discount (perhaps 20%) to book value per share price now. That would be a discount to that $0.05.
Do the math people. Hugues Jaquemin et al have just let it be known that one of the last nails is being driven into this NGC.V coffin.
Greggory Bowes believes himself to have outsmarted the NGC.V equity investors whom he, along with Hugues Jacquemin,Cam Birge et al., have gone about fleecing.
Not to worry. Lessons to be learned would be had all around.