Early1 just to expand on this, the book value will be low their capital outlay for Moolap was low with a very high expected (okay not yet proven) return on assets
so I don't think BV is a useful measure, and I don't how often it would be to be honest
put it this way, if Moolap returns $8.6m it is worth a lot more than book value!
also - what price would you put on the intellectual property assuming the technology makes a highly profitable commodity out of a previous cost to industry?
firsova, page-70
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