Linius report, page-23

The riskiness of a stock is directly proportionate to the valuation that the market puts on a stock. A low risk company is not necessarily one that is in a low risk sector,eg. A2M CGC. Both were seriously overvalued on my P/E,EV/EBITDA,and DCF valuations. BRN, which the hot copper traders darling is totally overvalued on a Mkt cap to sales basis.mkt cap. $1bn. In regard to Linius, it is almost impossible to value even though Sequoia has tried. I think all you can say is given the market cap of of $39m is the end of the day prize big enough to warrant an investment. In my eyes it is but I fully understand if it is to risky for others. Best of luck guys. T. Dyor.