Are my sums right? A share that is 83 times below it’s asset value?
I don't usually buy shares as it's buy and hold and sometimes you have to wait ages for it to move. I also think that shares are driven by fundamentals and news driven.. you just don't know what a company may report! My personality suits daytrading (though I'm not a Greg Coffey or Gordon Gecko) in skill, only ambition! Anyway, about 2 months ago, I was looking at a share called Tower Resources and there was speculation that there were some large prospects there. I am not usually keen on
