No, I cannot say whether 56m is a fair reflect or not. However, don't you B share holders

have the accounts ? Don't they show a balance sheet ?

Shouldn't be too difficult.

But, as with everything, what a business is worth is a combination of a) what somebody is prepared to pay for it and b) the amount the existing owners are prepared to sell it for.

In any case, I think we can agree that the value is not 20m.

Posted By: Steve in Holland, Jul 11, 10:53:05