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Re: jamstah post# 8761

Friday, 11/25/2005 11:11:54 AM

Friday, November 25, 2005 11:11:54 AM

Post# of 12640
Book value

Total Stockholders' Equity/(Deficit) 2,077,286 --
----------- -----------
The above was at the end of the financial year. If book value is significantly higher now the reason has the be that the sharecount has increased to substantially more than 10 million for NAUG and 30 million for NWAU. Most of the book value is now accounts receivable or goodwill. Both of those are vulnerable to downward revisions.

Since book value is about 50% of the stock price the downside is not all that limited, espeically if the poor owners of the cars who are fleeced as far as interest rate goes fail to honor their obligations and this leads to losses for NWAU.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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