Ah I understand your point now. Yes that's an interesting point.
However, that doesn't have to be always true. If you were buying coca cola, I would definitely agree with you. However, if it's a law firm, it's not so clear. But I do see your point, as in they paid so much over the book for PSD, yet they didn't think the brand name was worthy.
Ann: Market Guidance, page-104
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71.0¢ |
Change
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Mkt cap ! $123.0M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 71.0¢ | 71.0¢ | $5.627K | 7.925K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1515 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 22075 | 1 |
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