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fishhunter

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fishhunter

Re: billpr post# 41673

Wednesday, 07/26/2017 2:09:05 PM

Wednesday, July 26, 2017 2:09:05 PM

Post# of 53778
Lots of truth in what you said. But I think that is also what the company is thinking and is why the buyback amount is only $1million. The vast majority of their cash is available for an acquisition and they could certainly borrow a ton of money if they wanted.

The market today says the entire company is worth $26million. That is market cap less net cash. Pretty pathetic and certainly not a real valuation. No way could anyone walk in and buy the company for today's market cap.
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