I guess it depends on methodology
On a price to earnings basis = nothing
On a discounted cash flow basis = nothing
As a going concern = nothing
Value of the database to another company. Harder to determine. But you would imagine if it were a high quality database, with all the money sitting in the company we would have already had approaches.
So I would value the company at cash on books less whatever we burn whilst shutting down the operations.
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I guess it depends on methodology On a price to earnings basis =...
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