Is there something that I am missing?? If so please let me know.. At current share price of 83.5cents BLY has an equity market cap of under 400million. Add the 512 net debt and we have a value of 912 million. BLY has net assets of assets of 1,135,417 as at December 2012. This means if they had to sell all assets and liquidate we would see an increased share price. They pay dividends, and are making profits, even if its expected to be less than last year as long as they are not making a loss this company is oversold! Unfortunately I entered too early by the look of things but if anyone knows of something that I am missing please let me know would love an explanation to help me understand current prices if there is one besides market irrationality. Thanks
BLY Price at posting:
83.5¢ Sentiment: Buy Disclosure: Held
