Lie and counter lie

How do you value a company? Because it seems to me that if a company is technically insolvent already (with every prospect of that situation worsening), and making a loss year on year (with no realistic prospectof that changing) then surely its shares aren't worth ?30, or ?15, or even ?10 - but next to nothing. Or am I missing something.

I don't believe that the club is technically insolvent any more than I believe that it would cost Cullum ?56 million to do what he wants to do.

And why is Steve Downes the conduit? Isn't he the education correspondent?

Posted By: Mr Creosote, Jul 2, 09:27:28