ATU 0.00% 0.5¢ atrum coal limited

Quiet Times, page-4

  1. 364 Posts.
    Go to page 29 of the attachment for financials.
    Book value is $15mn.
    Current mkt cap is $250mn.

    Looking at the book value for a growth stock is irrelevant anyway. The company has one major asset that is being marked at cost, but with further development could be worth many hundreds of cost in terms of future revenue. Ergo, the book value is meaningless.
 
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