What could be the justification for this stock:
- To be still trading at less than Book value,
At les than 10 annualized PE, when small cap index is at all time high, when junk shares are trading at 10x BV, and 40 PE.
Their reserves are more than their total market cap.
Is it a deep value stock available.
Or perhaps market knows something more , which doesn’t meet the eye.
Could their be possibility of crooked BS & P&L.
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