RE:RE:RE:Do any owners here know how much the real assets are worth?LaticelnExile wrote: notwrong wrote: Stock investment 001, the market value is how much you're paying or buying a share of CXR today times the total number of issued share. The book value is how much CXR has paid for the possession of all its current assets since its inception.
notwrong, the book value can be fiddled with using aggressive acquisition accounting games. I don't think we want to go there.
WSJ shows their tangible book value per share at a whopping -98.88
The tangible-asset value is calculated by taking total shareholders' equity and subtracting all "soft" assets such as goodwill and other intangibles, then dividing this by total number of shares outstanding.