Re: SPQ, I like it but.....can you help me understand...
posted on
Mar 02, 2008 04:56PM
What ever the McFaulds find turns out to be worth for SPQ, you would divide that by the number of shares roughly to find out price per share. Since SPQ has more shares than say.... NOT, their value per share will be lower. However, if you bought a lot of SPQ at the .11 level or so, you're still going to do well. They have good land, if it yields as many think it will, there will be a very big number to divide those shares into.