Greek small-caps AS Company, Y/KNOT trade at 60M EUR caps despite strong assets

Two Greek small-cap companies, AS Company and Y/KNOT, each with market capitalizations around 60 million euros, hold significant underlying assets including cash, real estate, and shipping vessels. AS Company reported first-half sales of 15.953 million euros, up from 15.312 million, with profits running at +65%. The article suggests their valuations may not fully reflect these assets, implying potential undervaluation.