InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,076.84
(
0.12%
)
US TECH 100
17,130.80
(
0.75%
)
Dow Jones
38,455.46
(
-0.13%
)
Brent Oil
87.23
(
-0.38%
)
Bitcoin
66,070.50
(
-0.51%
)
Post# of 3470
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

MNT

Send PM Follow Ignore
Followers 4
Posts 105
Boards Moderated 0
Alias Born 05/19/2011

MNT

Re: mystiq post# 3445

Thursday, 01/01/2015 11:21:29 PM

Thursday, January 01, 2015 11:21:29 PM

Post# of 3470
ELRNF

I think its misleading to quote the numbers off.
The numbers provided were as of 31 Dec 2013 since its traded OTC:BB.

Their last balance sheet cash figure was about US$120m+ and since they announced dividends (record date is Aug 2014), current buyers have no right to that US$110m cash distribution.

So their current balance sheet cash is about US$10-30m thereabout only, assuming they did not take on debt this year.

So in essence current price is what you value their pipeline + the cash as well as assuming Moshe Ben will continue the good work. Given Imaging was one of their crown jewel in their portfolio, havent checked the rest yet. Ive heard good things about him and IDB (owner of Elron)so that aspect is fine.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up