...that nobody seems to believe them when they talk about their net asset value. After all, if you check out the company NRs, all those exes I've put on this price chart show exactly where management says its net asset value lies on the dates indicated.
Y'know, seems to me that this stock is a bit like living in Vancouver and wanting to cash in on the housing bubble there. I mean, if you sell your home at the current wild prices and then want to keep living in Vancouver, waddya going to have to do? Yup you got it, buy another way expensive chunk of real estate. So what happens when you have a whole heap of expensive rare metals in your rare metals trading company and you want to sell them? Yup, you turn them into cash and then....buy another heap of expensive rare metals.
Or that house-trader could always borrow money of course, that's another option. Gosh, that's a thought! Let's hope DSM.v doesn't decide to raise a shitload of fresh cash by running a large new financing and diluting current shareholders, eh?*
*Yes, that was irony. Well spotted