PV Crystalox - A strong balance sheet, but is there significant dissipation of cash? (Snippet)

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Here is a small sample that is found in today’s article:

“It has a net current asset value of £40m, with no bank or bond debt, compared with a MCap of £19.36m.

 But is it diminishing so much, month-by-month, that NCAV will rapidly fall below MCap?”

As an author  of The Financial Times Guide to Investing and many other Financial Times guides, I am now dedicating my time in helping investors find companies in determining their long term futures.

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