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Re: JohnCM post# 2451

Friday, 10/31/2014 7:47:32 PM

Friday, October 31, 2014 7:47:32 PM

Post# of 19643
ANV's total asset value is 1.51 billion and net tangible assets are 777 million as of 12-2013.

Book value is $7.40.


DEFINITION of 'Net Tangible Assets'

Calculated as the total assets of a company, minus any intangible assets such as goodwill, patents and trademarks, less all liabilities and the par value of preferred stock. Also known as "net asset value" or "book value".

I'm not saying this is THE one but there are times in the history of trading/investing when smart/lucky people have made fortunes.
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