RE:RE:RE:Great results for a dark time.Solexx1 wrote: Reality does not care what you think. Reporting rules are quite explicit for publically traded companies. Why are you here if don't understand the simlplest concepts? QCA assets are reported at a steep discount because of the rules. Your comment is ignorant.
Lower of cost or market. Accountants (especially auditors for public Companies) are an ultra conservative lot. I'm inclined to believe the opposite to PG. That some of the things that were forced to be valued as zero's, might actually turn out to be heros.
This requires patience, but I don;t see the risk in collecting dividends from someting that is valued at 1/4 to 1/3 of it's true underlying value (while it collects high rates of interest on convertible debt)
MM