But any value investors look at net nets because it is...

But any value investors look at net nets because it is considered to be the most reliable. With the current issues its certainly going to be less reliable to estimate what the trailing commissions are worth.

Secondly they would look at the current earnings and this will now depend on what (if there are any) regulations are put forward by ASIC so again is going to be hard to estimate.

So based on the above unless value investors are certain or confident on their estimates which I doubt anyone would, they would not touch this at all as everything is uncertain.