It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of common stocks at a price less than the applicable
net current assets alone — after deducting all prior claims, and counting as zero the fixed and other assets — the results should be quite satisfactory.
Not exact matches
At yesterday's closing price of $ 0.44, VVTV is trading at a 50 % discount to its
net current asset value
alone.
even when a company has little ongoing business value, investors who buy at a price below
net -
net working capital are protected by the approximate liquidation value of
current assets alone.