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Re: licker4450 post# 12895

Monday, 06/06/2011 2:03:58 PM

Monday, June 06, 2011 2:03:58 PM

Post# of 17088
The more bids and stronger the bid side looks, the more volume we'll get and both strong bids and volume will be what gets new shareholders into this and excited about it.

You're right...not much downside here. $.58/share (NET ASSET VALUE) is where this should be trading (if not higher).

CVC (CableVision)...

Total Assets = $7.63 Billion
Market Cap = $9.85 Billion
...or 29.1% Above Net Asset Value

WNRC (WENR Corp)...
Total Assets = $22 Million
Market Cap = $10 Million
...or 54.5% BELOW Net Asset Value

Price of WNRC if it was trading at the same valuation as CVC?
...$28.4 Million Market Cap or $.747/share (i.e. a TRIPLE!)

AND THIS IS BEFORE an 8 Million Share Buy Back...

After a BUY BACK this should trade at $.95/share


Math doesn't lie...this is a 3-4 Bagger based on CURRENT FUNDAMENTALS!


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