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Re: None

Wednesday, 11/07/2018 6:11:57 PM

Wednesday, November 07, 2018 6:11:57 PM

Post# of 44784
HMMMMM Edison values psti at $1.87. Seems in strong conflict to our resident toechartmongrel's latest tweets...

https://maya.tase.co.il/reports/details/1193780/2/0

"We have slightly adjusted our valuation to $212m or $1.87 per basic share from $212m or $1.92 per basic share driven by rolling forward our NPVs, partially offset by a lower cash position and a change to PRV sale timing expectations. The decrease in share price is due to a rise in share count. We continue to expect the company to require $50m in additional capital to reach profitability in 2020."


Also know as a devaluation, downgrade or whatever you want to call it other than a 'Strong Buy'.