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Novation Companies, Inc. Message Board

  • wellsbay wellsbay Mar 9, 2012 7:27 PM Flag


    Now that the company has revealed that they believe its Streetlinks subsidiary has a NET value of $125M or 1.27/share for us, how long will it be before this way under-valued company zooms up and over the $1.00 mark?

    Remember this does not include the value of its other two subs, cash or bond cash income, and today’s press release indicates that the man behind its huge Streetlinks success will head up efforts to add more subsidiaries.

    Once we get over that $1.00 hump, we can get institutional and other market interest. Good to know we have great terms on senior debt, and a nice wad of cash doesn’t hurt either.