Sunday, August 25, 2019 9:42:21 PM
84. However, in the SAIC filing, SIAF asserted the total asset of the five Aqua Farms being a mere $12.3 million. Realistically, it is highly improbable that the enterprise value could be an astronomically high 27.7 times more than the assets are worth.
Realistically, it is highly improbable that the enterprise value of the five Aqua Farms could be a mere $12.3 million
And not even these lawyers understand the true meaning of "enterprise value".
https://www.investopedia.com/terms/e/enterprisevalue.asp
Enterprise Value = Market Cap + Total Debt - Cash
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