What can ever be the reason to sell shares for 2% of corporate book value?
You say in a few days we will see why- I'm saying there isn't even a theoretical way this makes sense.
If you own a business and have a book value of $10 per share are you going to allow someone to buy a piece of your business for 20 cents per share? If so, why?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.