(02-06-2016, 08:56 PM)valuebuddies Wrote: BlueKelah, how do you get the NCAV of 40m?
Using numbers from the FY2015 report released in february 2016 this year(not sure if they revised it in the annual report, i am too lazy to download and review) and use that smiling fellow up there his more conservative formula of net current asset value = current asset - all liabilities loh.
If just use the net current asset - net current liability then its 58.773m as stated in the report.
both method its still less than current market cap loh, unless you wanna add in the PPE but then it would be NAV liao

@valuebuddies What number are u getting?
Virtual currencies are worth virtually nothing.
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