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davepamn

M¢25 Funded By Mahalo ? | October 28, 2009 04:01 PM

Is two-thirds of net-net current assets per share a possible price?

What does two-thirds of net-net current assets per share mean?

I interpret this statement to mean, large amounts of current assets, almost no debt, and a share price close to book price. Run some numbers and see in a hypothetical model if 2/3 net current asset per share is possible.

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