Post by
Joseph_K on Apr 26, 2017 11:55am
Opportunity
What is going on today? Did I miss something? Yesterday we closed with the bids at .115 and virtually nothing on the ask below .14. Today I see the bid at .105. This just seems goofy to me.
As a reminder, EUO closed Q3 with
Cash $8,543,242 & Marketable securities $4,216,922 for a total of $12,760,164
The current o/s share count from the companies website is 90,780,238
$12.76M / 90.78M shares = 14.056 cents per share.
They lost under 1.2 million in Q3. I don't know what you all are expecting for Q4 in the next week, but some seem to need a reality check. This company is ON SALE. You can pick up the whole shebang for basically the cash on hand and everything else becomes a free play.