had a read of the link. it talks about "fair value" as being a...

had a read of the link.
it talks about "fair value" as being a value which two parties agree to pay for an asset.
so I guess I would wonder:
1. just how did they arrive at this figure of $2.1m
2. who would want to buy that "financial asset" at dec 31, when it is so far out of the money?
3. why did they give it any value at all?
4. it's only got 6 mths left to achieve any value - so it's like an option, in that the value should dimish over time?

anyway, the issue is not so much important to EGO, but I found it intriguing.

cheers