Buying ADGF.
The B/S is a good enough reason.
The shares are traded at 0.4 P/B. In other words, if the inventories/receivables are liquidated at discount, paying out all the payables, it’s worth a lot more than the current $18 million market value.
A classic Ben Graham stock, hard to find these days.
The down side is its low trading volume, maybe wide bid/ask spread. The $18 million market cap may have put it under the radar of most stock screeners.
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