Post by
stockfy on Sep 17, 2024 9:45am
Debt-Free DTEA has NEGATIVE Enterprise Value !!!
According to today's report, DTEA remains debt-free with $6.7 million in cash.
Market cap at $0.20 per share is only $5 million, so its Enterprise Value currently is negative.
In other words, DTEA is insanely cheap and Q2, its slowest quarter, is behind us now.
Q3 traditionally is stronger than Q2 because tea consumption rises in Aug-Sep-Oct, and Q4 traditionally is much stronger than Q3 because tea consumption skyrockets in Nov-Dec-Jan.
So the best are ahead.