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Post# of 4976012
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Re: WANG post# 3508040

Wednesday, 10/15/2014 11:03:09 PM

Wednesday, October 15, 2014 11:03:09 PM

Post# of 4976012
LIGA is valued at .06 based on their assets!! ARE YOU KIDDING!!

Current market cap is $420,976.. WIth the assets alone this is worth over 10X the current market cap!!


21M in assets / 350M O/S gives you a .06 value with NO PE!!




DEFINITION of 'Asset Value Per Share'

The total value of a fund's investments divided by its number of shares outstanding. This type of asset value per share is more commonly referred to as "net asset value per share" or simply "net asset value" or "NAV." Asset value per share can also refer to a public company's total assets minus its total liabilities, divided by its number of shares outstanding. In this case, asset value per share may be referred to as "net current asset value per share."

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