limo, I don't get the "mc doesn't necessary determine the share price" The market cap is the value of the company, ie shares in issue x price of shares equals M/C Am I missing something.
BGCG is trading at a 17% premium to NAV? It is also well behind SMT over 1,3,5 and 10 year periods. SMT has a reasonable foothold in China so don't worry too much.