$Mullen Automotive (MULN.US)$ $10080 down to $7 in one ye...
$Mullen Automotive (MULN.US)$ $10080 down to $7 in one year ??
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
affable Eagle_2095 : Yup
dm criminal ! Dm diluted and took all the cash 
! And foolish investors just keep given him the funds !
ScottEBro OP affable Eagle_2095 : over 15,000 per share Loss for 2023?
now 7.10 per share?
someone got paid
LuckyLuke : Attributable loss per share was $1,574.14, compared to $63,085.26 for FY 2022. Mullen (MULN) posted an improvement in its cash position, with $155.7M in cash and cash equivalents (up from $84.4M a year ago), $25M in current assets (compared to $2M in FY 2022) and $82M in property, plant and equipment ($14.8M the previous year).
With above blah blah blah, Mullen currently should be worth around $26.47 per share
ScottEBro OP : I'm at 63.oo+ per share...( not very many after the last 100 into 1 UN-split )
I actually did what you are doing and said how great the book value was but learned a valuable lesson about what the top guys can give themselves as performance bonuses and other factors that destroy the notion of book value vs what a stock value is in the market....
the stock is going down as we speak..