Book Value Or Sentiment Value ...28 Oct 2021 15:40
The herd buy en mass one week and then sell en mass this week which is not helped by those preaching doom and gloom for the company and telling people they should sell their Reabold shares .......Is this justified ???......Well the book value from 30 6 21 gives a book value for Reabold ( assets minus liabilities ) of ..53 pence per share .with the current share price standing at around ,17 pence per share that represents a figure of around x-0.3.1+ which means the share price is way undervalued to the net worth of the company ....The figure 1 .0 represents equal value ...That's why the share offer by the company earlier this year was around about that figure listed above and the directors had no problems to buy last week .... And this is before a potential sale of Victory which would blow the book value of Reabold clean out of the water !!!!