What do you think of a stock....

That has 50 million outstanding shares
Trading at $1.00 a share
And the company has 50 million dollars in the bank with no debt?

Does this exist? If so, is a company like this troubled or extremely undervalued?

 

Hello?

 

Here's one:

http://finance.yahoo.com/q/ks?s=FMD+Key+Statistics

210M cash
0 debt

Stock price $1.20

 

I dont know if you can trust those numbers. Look at the balance sheet. Liabilities do not add up. They seem to have misplaced $8 billion dollars somewhere....

 

Yes that stock and her numbers look strange.
Anyways, back to my question.
Is it a healthy company that has these kind of numbers?