A number reflects a quantitative measure of a quality.
Now if the quality is imaginary the number will uncouple from the quality.
It becomes “just a number”. Free floating in our consciousness.
So I think GD has got this pretty spot on (imo).
The statement “It is just a number” can only be understood from the perspective of the true essence of the quality being measured.
GD is in best position to do this.
A more practical example.
The BY OBJ revenue number estimate for FY 15/16.
The BY number is based on complicated financial modelling of imaginary bioclocks and a GD special made up word “licence”.
“$12.7m” therefore becomes “just a number”.
We now know actual revenues are about 1.5% of imaginary revenues.
Do BY feel like gooses? Not at all. It is just a number (and everyone knew this all along).
The share price remains at 78% of the starting value of 10c due to what we can call the “tinker bell effect”. Which is precisely why we have speculative markets in the first place.
- Forums
- ASX - By Stock
- WFL
- Imminence Truly Inevitable
Imminence Truly Inevitable, page-95
-
- There are more pages in this discussion • 94 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online