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"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two... see more

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Eurocontrol Technics Ord > Gotta love the tree shaking

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Post by green24 on Aug 30, 2016 10:04am

Gotta love the tree shaking

With the bid at .13, EUO has a market cap of under $12 million.

This is a huge discount to cash. That much should be obvious just by looking at who is currently bidding at .13. :)

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Comment by Ringert on Aug 30, 2016 10:32am

This is what I think is called dumping, or a sell off. The real terminology for the pumpy 'tree shaking'.

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Comment by green24 on Aug 30, 2016 10:52am

Well you can call my use of the term 'tree shaking' as 'pumpy' if you wish, but you can't deny the facts. Yesterday's financials Cash and marketable securities total over $13.489 million. This does NOT include the $750,000 they received from SICPA as a royalty on the GFI sale in July. Number of shares 92,523,238 $13,489,000 / 92,523,238 ...more

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Eurocontrol Technics Ord