Title moderated, incorrect information, page-2

Hi eob,

NTA is generally used with value investing when trying to work out the book value of a company and if it is over or underpriced. In this instance with BIT they don't really have assets so the NTA is not really of any value. It is simply total tangible assets divided by the shares on issue. So at this point in time it is only 0.91 cents whereas the SP is in the 7.3 cent range... Significantly lower.. This shows what the market values the non-tangible assets as (BIT225, ect). The main reason for the increase from same period last year is due to the BITOA conversion and increase in funds in the bank.

Cheers