Q: BB
I see that TD Waterhouse has a Book Value on BB @ $18.89 - shares closed @ $9.30 today. Does Book Value mean that if the company was sold it's assets would be worth $18.89/share. If that is the case wouldn't it be a good idea to keep my shares and hope for either a big turn around or a sale. BB is 2% of my portfolio.
Thank You
I see that TD Waterhouse has a Book Value on BB @ $18.89 - shares closed @ $9.30 today. Does Book Value mean that if the company was sold it's assets would be worth $18.89/share. If that is the case wouldn't it be a good idea to keep my shares and hope for either a big turn around or a sale. BB is 2% of my portfolio.
Thank You