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Bullboard - Stock Discussion Forum Eurocontrol Technics Ord EUCTF

"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

OTCPK:EUCTF - Post Discussion

Eurocontrol Technics Ord > Opportunity
View:
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.
Comment by Chutzpah on Apr 26, 2017 12:04pm
Joseph, here´s some news for ya. It´s end of April already and we all know EUO has been selling sh1t on a stick lately and been hinting at continued R&D expensing. Si even at your 1.2M loss for Q3 which I think will prove conservative, thats 0.7M per month or 2.8M for the current 7 months that have gone by since the last reported period. So give or take if you substract the SICPA ...more  
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