PCT Ltd (PCTL)

[skitahoe]

According to what you're quoting PCTL has over $3.6 million in cash after it's liabilities are deducted. According to CNBC it has under 60 million shares outstanding. If these figures are true, it should have a book value of $.06 or to put it another way, it's selling for about 1/3 of it's book value.

I don't know if the numbers cited in the article are correct, they may not reflect today unless they were given figures by the company that reflect about what will be reported when earning are reported.

Please correct me if I've done something wrong, but to me this stock is positioned in one of the few places that should see benefits from coronavirus, and it should be trading at a multiple of book value.

To really know how incorrect, or correct the figures are in the article, as well as whether CNBC's share figures are correct we really need the results of the past quarter. If the numbers are even in the ballpark, the company is currently trading below book value. How long will it take for investors everywhere to wake up to this fact.

Gary