TSX:SOT.DB - Post by User
Comment by
wheeloffortuneon Jun 25, 2019 11:20am
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Post# 29860499
RE:RE:RE:They were selling into the BIDs today
RE:RE:RE:They were selling into the BIDs todayAccounting uses lessor of two values in valuation. Also, AX.UN=P/E Ratio X EPS = 16.4x0.72=$11.81. AX's trading at $11.81 now.
Capharnaum wrote: wheeloffortune wrote: = 5.5 x 1.08 = $5.94. $5.94 is what the stock's worth now from an accounting perspective.
From an accounting perspective, the stock would be worth the book value.