Roger Montgomery report on Vocus, page-72

"means what it says .... the 'real' value .... not what gurus say or what the market offers ...

in other words the value it will yield after takeover , which will be higher than the takeover price , to the detriment of current shareholders and to the benefit of the lot taking over ! geddit !"

Not really, and it seems I'm not the only one judging by all the different opinions around on what the 'real' value is, haha.