again you are proving how clueless you are when it comes to fundamentals
its hilarious really
who says its undervalued or undervalued? The one true value is the share price which is reflective of the company worth.
your argument is that the SP wont drop to .001 because that would mean mc is less than the assets.
point is that this can happen and often does because theres more to valuing a company purely on its balance sheet.
go do a course in corporate finance or two and you will realise how silly you are
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