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Bullboard - Stock Discussion Forum Abound Energy Inc C.ABND

Alternate Symbol(s):  ZAIRF

Abound Energy Inc, formerly Zinc8 Energy Solutions Inc, specialize in providing energy storage solutions. The Company’s Zaeras Flow Battery technology uses zinc-air chemistry to store and deliver electricity on demand. It is utilizing its Zaeras technology, whether deployed independently or as a facilitative technology, presents opportunities for achieving peak demand reduction, capitalizing on... see more

CSE:ABND - Post Discussion

Abound Energy Inc > EV = MC + TOTAL DEBT - C WHAT IS THIS ????
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Post by allenjames on Jul 22, 2021 7:52am

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.
Comment by nineply on Jul 22, 2021 8:00am
What Does Enterprise Value Tell You? Enterprise value (EV) could be thought of like the theoretical takeover price if a company were to be bought. EV differs significantly from simple market capitalization in several ways, and many consider it to be a more accurate representation of a firm's value. The value of a firm's debt, for example, would need to be paid off by the buyer when ...more  
Comment by allenjames on Jul 22, 2021 8:16am
Investors:  Now you see nineply is the total idiot you thought he was !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! GOOD LUCK TO ALL INVESTORS.
Comment by nineply on Jul 22, 2021 9:16am
You are just full of sh.it.