The initial valuation contained a fundamental error in logic.
Accordingly, when released to the market the Co execs hit the roof... No doubt threatened litigation; and whammow the valuation was duly revised...
Having regard to the clown performing both valuations they should be taken with a pinch of salt (particularly as he would have been placed under immense pressure to talk it up)
The incorrect valuation definitely caused a weakening in the share price.. The revised one had no impact.. Both valuations should have been disregarded.. In my opinion THK would be sitting at $1 if none of this had happened.
THK
unknown
