Assets are there to be used to generate income. Yes asset...

Assets are there to be used to generate income. Yes asset backing is important but the question is "Am I buying an asset at market price or Am I buying future prospect of a company. Bcs, you have money in the Bank without a business model don't mean much.

My question is what are they going to do with the funds likely to be available end of March. How will they use the assets to generate medium term profits. I have seen companies with asset back up without a decent business model. I have seen companies burning cash pretty fast.

This is my opinion, I always try to tick all boxes not just the assets.