BTC and the true value For years now BTC management has complained about not receiving the proper valuation for their stock... And, as many of you here have done, a breakdown of what they have and some simple calculations always reflected an undervalued stock. In an attempt to change that and bring the true value of BTC shares, management decided to do the BTC / BEX split.... and even after that split, when BTC is simply a holding company that is "holding" Coro shares, plus a couple of other minor things, still, the value has not been realized.
I always wondered why that is.... before the split... after the split.... still the same story. I am not sure why and it does not make a lot of sense.... but there must be a reason. I cannot think of what the reason may be...but there must be an explanation for that somewhere out there... Now, (after the split), the value of BTC should simply be a mathematical calculation directly related to the value of Coro..... but the math still does not add up.
Thoughts?