By James Parter | Tuesday 17 September 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In my last coverage of Ovoca (OVG) I asked you whether a company should ever be valued at less than cash. Today I cover the remaining assets of this company that is valued at less than half the worth of its liquid assets. It's valued at £8.5 million and it probably has cash of £20 million on the balance sheet.
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