RE: Asset Valuation5 Jul 2022 08:48
What a ridiculous attempt at comparison for valuation .... a house is pretty much a known asset value sitting on a pretty known value of the land beneath it purchased on a 1:1 basis .... this company's value is based on assumed/ projected variables, sentiment & hope traded by hundreds if not thousands of shareholders with the price set by those willing/having to sell at the lowest & purchased by those willing to pay as little as they can at any given time .... Which may change as, when, if the underlying assets &/or sentiment changes.