Gencore, selling below net cash, but is there more than meets the eye?
Gencore (GENC)
Price: $7.00 (10/25/2011)
I saw this idea posted over at the ST Report, plugged the numbers into my net-net worksheet and realized this is a company selling for less than net cash in the US. Â I have to admit, at first glance when I saw this I was excited, it seemed like...
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http://www.valueinvestingnews.com/gencore-selling-below-net-cash-there-more-meets-eye