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On Thursday 12 December 2002 11:02, Barclay Hambrook ApecTec wrote:
> On yahoo finance Mandrake's symbol is MDKFF.PK. The PK stands for "Pink
> Sheets" which limits and warns US investors of high risk nature of the
> stock.
erm, no.. pink sheet refers to the fact that it isn't listed on the big board
but is traded over the counter (OTC). yes, that usually means greater risk
due to less (well, practically no) regulation compared to stocks that are
actually listed on the exchange. but just because something is OTC (or pink
sheet) doesn't mean it is fly-by-night or doomed. nor does being listed mean
that it isn't ;-)
> It is dual listed on a European venture exchange too. You can see
> the IPO price looks about 5 and current is about 2. However, one has to be
> very careful here because of such limited liquidity. So the $2 should not
> be taken as a real indication of the value of the company.
oh-k... are they attempting to raise more capital by selling off stock but
can't or it won't be enough due to the price?
also note how high RH IPO'd vs their current stock price. or VA. or just about
anyone who IPO'd in the tech market during the peak of the bubble.
again, i ask: do you have information regarding the finances of MDK beyond
it's stock price and the fact that it is an OTCBB stock? or is this just
baseless supposition / fearmongering?
> I must be
> careful what I say in a public forum for certain reasons, however,
it's a little late for that, isn't it? predicting the financial demise of a
public company on a public list =)
> I think
> it is public knowledge that RH has several hundred million cash behind
> them.
what does RH's warchest have to do w/MDK's financial liquidity? or are you
implying that RH plans to purchase / invest in MDK?
- --
Aaron J. Seigo
GPG Fingerprint: 8B8B 2209 0C6F 7C47 B1EA EE75 D6B7 2EB1 A7F1 DB43
"Everything should be made as simple as possible, but not simpler"
- Albert Einstein
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