price waterhouse coopers valuation, page-2

So what. It is the market which determines the value of a company, as the market also takes into consideration sentiment and belief and other intangible considerations.

I would suggest that half of the Companys listed on the ASX are undervalued when comparing the value of its assets to its Market Capital.

The market places a value which includes its belief in the companys ability to deliver based on past performance. More so now than ever!