Tuesday, July 12, 2005
BNS Holding (BNSIA)
This Rhode Island company is pretty much totally converted into cash.
Assets:
cash $21.7 million
prepaid stuff $0.5 million
restricted cash $0.4 million
Liabilities:
accounts payable etc. $1 million
net cash: about $20 million
shares outstanding: about 3 million
net cash per share: about $6.67
best ask trading price: $6.70
fully valued. end of story.
Assets:
cash $21.7 million
prepaid stuff $0.5 million
restricted cash $0.4 million
Liabilities:
accounts payable etc. $1 million
net cash: about $20 million
shares outstanding: about 3 million
net cash per share: about $6.67
best ask trading price: $6.70
fully valued. end of story.