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GOLDBROOK VENTURES INC V.GBK



TSXV:GBK - Post by User

Comment by RoyallyScrewedon Dec 03, 2010 5:51pm
379 Views
Post# 17798838

RE: RE: Will we get a

RE: RE: Will we get aBook Value is basically assets minus liabilities and is important only if you are expecting a companies assets to be sold off. Multiples of book value are based on actual profits,performance and future profits, all of which are in question here.  Book value as per their last balance sheet seems to be the logical price point.  The market seems to find a compromise in any situation. .20 is not bad in consideration IMO.

Actually, I'm impressed that the price is holding so well. This situation takes a lot of patience.
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