Every company has some intrinsic value. In some cases, it is the bricks and mortar.
In some cases, it will be the goodwill built up over years of positive trading. In some cases, it will be the plant, machinery or a fleet of vehicles. In many cases, it will be all these things. But the point is that it is very difficult for a company, whether trading or insolvent, to know exactly how much it...
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