Replies to post #57260 on BioAmber Inc fka BIOAQ

[rbtree]

Nope:

1manband
Re: CSCS post# 57229 0
Post #
57231
of 57261
All of which is meaningless.

Since the plant sold for $4.3 million.

That is all there is.

This is a common mistake made by individual investors in bankrupt stocks. They can't accept that the assets in a bankruptcy are just not worth that much. And when it is a forced liquidation, which is what happened to BIOAQ, it is actually worth even less.

Something is only worth what someone else is willing to pay for it. And for the Sarnia Plant, that number is $4.3 million. Period.