Share prices do Not reflect values on many occasions.If they did then there would not be shares selling below the market yardsticks such as comparable Pe Ratios and assets per share etc . Upon reflection you will realise that I have only made a simple statement and it is obvious as that is why bubbles , such as the 'Dot com Bubble ' can develope.
Bubbles are designed to pass on at little cost the assets of those with little brains to those with Big brains.
Best wishes
B2
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