EVG 4.17% 2.3¢ evion group nl

And then we can debate the irrelevance of balance sheets to a...

  1. 3,547 Posts.
    lightbulb Created with Sketch. 824
    And then we can debate the irrelevance of balance sheets to a LISTED company's share price.... Relevant 100% for shareholders of private companies but there is very little correlation between a public company's market cap / share price and it's balance sheet - especially small cap exploration types.... e.g. Market Caps can fluctuate wildly without any actual change in a company's balance sheet. Just saying smile.png

    But still interested to know how you arrived at 3.4c per share as a value for net tangible assets??
 
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