Post by
ezemoney on May 22, 2022 10:41am
Financials Released
NAV has dropped to10c/sh so the company was trading at a discount of 50% not including enterprise value. Dillution is the big culprit for the NAV drop but not a gross float size.
Sales are impressive so I lower my rating from Strong Buy to Buy.
Compared to many in the peer group not bad as unfortunately many companies have been really financially trashed but are still trading above NAV.