Thanks fellows, this is fine if those figures are correct. However, I feel that the company has had plenty of time since last November 3 (the date of the company posting) to have got some confirmation of the company's value.
I have also found that there are very shrewed people out there who look for undervalued companies (and over valued ones) and, therefore, they don't stay that way for long
Percentage wise, that would be quite a lot of 'undervaluation'.
Consequently, I am most sceptical.
I read from some past company info that they had/ or were, moving out of PM's and into something of greater benefit.
This is what I was hoping would be disclosed.
Unless this company has something offering positive potential
to be disclosed, then it is totally irresponsible to have been
offering a F/s at this time. The only rational for it so doing
if nothing is forthcoming, is as I described in my earlier post -#3767 and #3769.
Thanks again for your response with data.