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Valued at cash on balance sheet

lse:flk

#1

It does not make much sense that this company is valued at only the cash the company holds, this is a conservatively managed and profitable (if cyclical) business arguably valued at zero which is a bit of a nonsense. I understand management reads comments posted on here, so may I suggest they buy in shares around this level to use up some of the surplus cash and benefit all shareholders by doing so.