AEJ 0.00% $8.00 redbank energy limited

today's afr, page-12

  1. 3,292 Posts.
    Fistingdwarves,
    Whilst I know you may have only been on HC about a year, perhaps you need to understand bookvalues in financial accounts are just values normally derived from historic cost values with sometimes revaluations of items in financial statements. If you do own a house, would you be prepared to sell it for its bookvalue? Need to remember market values & book values are not one & the same. There are many ways of valuing assets & financial accounts only reflect one such method.
    Regards
    Buffett
    PS There is even risk in turning on a computer or getting up out of bed
 
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