RE: Duster30 Dec 2019 11:14
Neil, I think you're getting a tad emotional here. I never called you an idiot or an imbecile...
And unless you can read minds there is no way for you to interprete that from my postings...
As for NAVs, its EY the auditors who extrapolate the NAV. used for m&a here. They are pretty good at their trade and respected in the industry for. Due diligence.
Today's homework for you:
How many companies trading at 30% of their NAV don't get bought out and stripped?
Answer is not TLW.... £1.25 and they're gone.
Try and remain calm today.
Your hero,
Prop