Great posts, Beagle, Trader Jackson and others. I am a scientist, not an accountant, so Beagle, your explanation of that glib phrase 'underlying profit' vs EBITDA was most appreciated. All very well for me to analyse the numbers but if I am using the wrong figures to start with ....oh dear!
Not sure why it finished at 97 cents as I though the last trade was at 98 cents?
Only 13k of the 560k was traded at 97 cents... almost as if someone is trying to keep a cap on it, really should be above $1 already... especially with the acquisitions likely on the cards
Not sure why it finished at 97 cents as I though the last trade was at 98 cents?
Only 13k of the 560k was traded at 97 cents... almost as if someone is trying to keep a cap on it, really should be above $1 already... especially with the acquisitions likely on the cards
It was in the settlement period in the last 15 mins of trading. Someone wanted out and took the buy price. The 23800 would not be counted as the last price as it was an in-house transaction of some sort.
Yesterday's artificially low closing price not especially relevant today
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
On its way to following ARV's path but interestingly when it gets to $1.28 it will be on a far more compelling underlying valuation than ARV.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by Paper Tiger
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