EXT 11.1% 0.8¢ excite technology services ltd

sellers are idiots, page-23

  1. 681 Posts.
    Of course it's relevant!

    If it costs you $2 to get it out of the ground, and you sell for $6 then you only made $4.

    By your own method of valuing the SP, that would reduce it by a third from $4.80 to $3.20. Not sure your method holds much water, but it's even more flawed if you don't take costs into account.

    EXT is probably a great company, but the laws of economics still apply. If you're going to attempt to value the company, do it honestly.

    Z
 
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