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stockape1

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Alias Born 08/20/2021

stockape1

Re: tcfib post# 9

Thursday, 10/14/2021 7:33:11 PM

Thursday, October 14, 2021 7:33:11 PM

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Trading at 3.7x book value???

Someone tell me what I'm doing wrong here. As of today, 25,000,000 shares outstanding and the price is .36, for a market cap of $9m. According to their last report, as of July 31, 2021 they had shareholder's equity of $34m. Even accounting for further investment losses, that's crazy. Am I doing my math right or am I an idiot?
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