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>the value of a company that doesn't turn a profit isn't 0, it's the value of it's assets Touche. They also have liabilities. I suppose we could be even more
by hnnewguy 12y ago
>the value of a company that doesn't turn a profit isn't 0, it's the value of it's assets
Touche. They also have liabilities.
I suppose we could be even more precise and say the price is $0 above the expected value of the net assets at the time of liquidation. But my point stands.
- 1stop 12y agoWell go and try a hostile take over of amazon where you purchase 100% of the stocks for $1. Given it's worth $0, $1 is infinitely more than they are expecting. Or admit that your point is absurd.