cash backing or asset backing?
If a company was below cash backing and had assets then why wouldn't they have been taken over and stripped? I would say that it is rare for a company with valuable trading assets (not sure how Tarfaya would now be classified) to trade below cash backing.
But DW said..., page-12
-
- There are more pages in this discussion • 108 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)