07-08-2014, 05:44 PM
Biosensors shares near its 52 week low.
1.7 billion outstanding shares. Revenue 323 mil in 2014
511 m cash in 2014. Is this considered relatively 'a lot'?
However ROE and ROA from 2010 to 2014 in steep decline.
Seems like they are real good at issuing shares and ended up with lots of cash.
Does anybody know what are they going to do with the cash?
Did they mention this during the AGM?
Looks like money is just sitting there.
Maybe that's why share price is heading south?
1.7 billion outstanding shares. Revenue 323 mil in 2014
511 m cash in 2014. Is this considered relatively 'a lot'?
However ROE and ROA from 2010 to 2014 in steep decline.
Seems like they are real good at issuing shares and ended up with lots of cash.
Does anybody know what are they going to do with the cash?
Did they mention this during the AGM?
Looks like money is just sitting there.
Maybe that's why share price is heading south?