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DS CPA

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DS CPA

Re: Not_on_the_rug post# 469

Wednesday, 09/04/2019 3:24:22 PM

Wednesday, September 04, 2019 3:24:22 PM

Post# of 654
They raised about $16.6m after quarter-end in the offering. Market cap is less than $15m yet they have a pro forma cash position at 6/30 of about $30m (if you include the offering proceedings).

Even if you are right that this is a bad company, it’s priced dirt cheap right now. And a bad company can still be a good value at the right price.
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