PP, I don't disagree with you, and I cannot value AOE as I have not tuned in to it, but if AOE is worth a lot more, why was it trading at 3.60 last week ? I was always taught early in my asset dealings that the value of something is what someone weas prepared to pay for it, not mathematical metrics.
The same can be said for most companies I know, so value is really a view depending on if you are buying or selling.
I remember my brother-in-law was selling his house and no-one was biting because he wanted 700k. He said "that's what it's worth" and I said "Tell me, if you were buying a house in this suburb and you came across your house would you pay 700k ?" and he said "no way"
Z
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