Tundra Semi (TUN:TSX) $3.50
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By Broke in Canada
Posted: Tuesday Aug 26 8:43:05PM 2008
Sorry, I thought you meant cash flow, not cash balance. Frankly, the whole cash balance to market cap comparison only provides an insight to how long the temporary shield will last (in the case of shrinking companies). For an unprofitable situation where sales are declining, it just delays the inevitable. Sort of a "slow death" scenario. In this case, it does not justify a higher share price.
Now my turn....Ah - how do you figure long term growth?
Posted: Tuesday Aug 26 12:18:18PM 2008
Ah how do you figure "in fact its trading at 2.4" cash + cash equiv. is 60 million and the market cap at 3.5 is 70 million!!!
Posted: Monday Aug 25 8:54:12PM 2008
Cheapest Technology Company
-Has slightly over $3.00 in cash
-trading at 1.15 price/cash
-lots of tax loss assets
-solid longterm growth
-definte takeover target