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Re: slicknick617 post# 10817

Monday, 08/29/2022 9:12:53 PM

Monday, August 29, 2022 9:12:53 PM

Post# of 20096
And companies usually trade WAY more than Book Value:

So if you take a conservative multiplier of 10.........$BMXI SHOULD be trading around $6.30 .............. Book Value x 10 = .63 x 10.

Amazon $AMZN Book Value for example is $13/Share and they're trading at $145/share, or 11 times Book Value.
Tesla $TSLA has a Book Value of $36/share and is trading at $920/share or 25 times Book Value.
$NWBO has NO Book Value (Liabilities are Greater than their Assets) and is trading at .64 and as high as $2 in May.



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