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Message: Pacer: Samsung

Would you buy $300 million in cash reserves for 10 cents/share ($30 million) and take it private if you could?

Suffice it to say as EDIG's cash reserves build so will the share price.

What that really means is that EDIG's worth increases based on cash reserves alone, without having to implement the funds into another business model. So if they are really expecting hundreds of millions over the next year, two or three they really don't have to do anything.

Do we want that? Maybe, maybe not.

With 300 million shares outstanding you are looking minimally at $1/share based on the cash alone assuming they bank $300 million.

If DM delivers per management's expectations, EDIG's PPS will have to follow.

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