Member Info for DelGriffith

Number of shares in issue : 105,878,000 Market cap currently : �14,558,000 Revenue : �245.09 million Profit for period : �11.43 million Total assets : �607.64 million Net asset value : �259.02 million Cash at bank and in hand : �40.56 million PE ratio : 1.28 Is this stock massively undervalued or what? Even if Mcap was sat at �100m that would still be less than half of Net asset value. And one-sixth of total assets. An Mcap of �106m would be �1 a share. This stock should surely be sat at well over �1 a share going by assets, cash in bank, revenue and profit? As an absolute minimum, and still hugely undervalued, Mcap should surely be at least �50m? (50p a share) This surely has to multibag from the current crazy low share price?