Elite Pharmaceuticals Inc (ELTP): Ok.......... How much cash do they ha...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Pharma Sleuth post# 381135

Friday, 06/16/2023 5:08:32 PM

Friday, June 16, 2023 5:08:32 PM

Ok..........

How much cash do they have? About $18 million
How much do they have in assets? About $33 million
How much debt? About $22.5 Million
What is their current P/E? About 4.7x

The share price is $0.033 and has been around that number for years .... There is no arguing, this has been a failed investment ....... Why are we told numerous times that Mikah would be winding down operations and they have only grown and partnered with Elite while NasRat plays both ends ?????????????????

IB_

SHOW ME THE MONEY OR SHUT UP !!

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