Train wreck said:
CChaos said: http://finance.yahoo.com/q?s=THQI&ql=1 I believe $1.58 puts them below, once again, the $2 mark needed to remain on the NASDAQ. So, if they remain at that total for...I think it was a month or so?...then they'll be removed from it. Grim tidings indeed. They claimed that 1.4m copies of Darksiders were sold. For most companies, that would probably be a fairly good haul, but it was below expectations. That alone said a lot about their financial situation. |
That price includes a 1 for 10 reverse split, its current share price is really 16 cents
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That price values THQ at $10m.
Are they serious. THQ's buildings alone are probably worth 10m. Add all the IP, staff, engine dev work and in progress projects and $10m is absolutely insanely low. I think VGC could buy it out if every forum poster put in $100. I mean come on.