sKdoo
assets??!
Businesses are valued on a multiple of earnings.
Assets are largely irrelevant in valuation of a company.
If assets don't produce earnings then those assets are irrelevant for valuation purposes.
COF net assets are minimal and essentially in IP of employees of corporate experience and systems.
Unfortunately, I bought in at 1.30 and am suffering heavy losses.
how low can you go!!, page-7
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