Replies to post #167 on Leucadia National fka LUK

[reify99]

Until something gets priced--sold. If a distressed seller of the same asset has to raise capital the price is determined by their action. IMO

[Investorman]

Net Tangible Assets = Book Value

What Does Net Tangible Assets Mean?

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".