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@wonderingbread1
Wondering Bread@wonderingbread1·

$VASO just sold a subsidiary that had made an operating loss every year for the past 10 years for $14.5mm. That is in addition to their current cash balance of $38mm. Their other subsidiaries earn something like like $9mm/yr in free cash flow

That is against a market cap of $33.5mm. They will probably owe a little bit of taxes on the transaction but it's now trading for something like 70% of cash and a low single digit multiple of free cash flow.

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