" The way I look at TLG is that they have a very conservative mode of operation by writing off their development costs and intangible assets such as goodwill arising from intellectual property accumulating large losses. This makes TLG look like a tech company with nothing tangible to show for their efforts."
I was going to make an observation about that note in the financials ... effectively the "non-capitalisation" of much of the work to date, which reduces their long term assets and therefore reduces their CSE.
TLG Price at posting:
$1.79 Sentiment: Buy Disclosure: Held
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