Post by
tamaracktop on Aug 11, 2022 1:16pm
With regards to LongoGlueStick's post
Ten years ago today Xebec's stock closed at $0.305 on daily volume of 4000 shares..
Xebec had current assets of $7.6 million and current liabilities of $6.2 million.
The company had just reported Q2 revenues of $4.2 million and a quarterly loss of $514,198.
The company had 39.3 million shares outstanding.
It was capitalized at just under $12 million.
It's traded as high as $11.50 since then and was cap'd at $1.78 billion at its high.
Who know where it will be in 10 years?
It won't be cap'd at $93 million.
Comment by
filoux004 on Aug 11, 2022 2:02pm
Oh now the goal posts have moved by 10 years .. maybe it will be 50M? Peace
Comment by
AlwaysLong683 on Aug 12, 2022 2:12am
Out of business 8 years ago....?