Yes you are missing something. No good having $30m cash if your debts are more or your asset value is colapsing or the money you have loaned are high risk and there are mortgagee sales and the loan amount is higher than the value of the asset. Or your investment into other companies are going peer shape. Anything else.
How is there debt to equity ratio? They talk about $30m cash or should i say cash equivalent.
The only ones who will make money out of this stock is a select few
I have been saying and giving some clues for months about this stock. In this sector there continues to a be a lack disclosure. Why would anyone want to play russian Roulette with this stock without nknowing much about it. It is committing suicide.
There is a saying..If it looks too good to be true it most problably is.