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Is the market actually undervaluing 8i now?
Based on its financial report ending 31st March, it has NTA of 8.6cts, majority are cash and "investible securities" - But share price was actually 6.2cts (adjusted from 6.5 cts aus) at year closing on the same date. This is almost a 40% discount. This means that Mr Market is actually assigning a negative value to its education and ecosystem business? Mind u, this is a business that cant be replicated easily from scratch n all the business connections n relationships etc..
Assuming the securities are easily liqidated and insiders shd know intimately, wouldnt it be a hidden champion?
Based on its financial report ending 31st March, it has NTA of 8.6cts, majority are cash and "investible securities" - But share price was actually 6.2cts (adjusted from 6.5 cts aus) at year closing on the same date. This is almost a 40% discount. This means that Mr Market is actually assigning a negative value to its education and ecosystem business? Mind u, this is a business that cant be replicated easily from scratch n all the business connections n relationships etc..
Assuming the securities are easily liqidated and insiders shd know intimately, wouldnt it be a hidden champion?
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.