And that's why they call it book equity.

The IPO valued the company at 1.6 billion.

The IPO is one of the largest in the region since the global financial crisis.

Encouraged by investor excitement and indications of over subscription, underwriters hiked the IPO s price well above what they had first deemed reasonable.

Then you would have to do another write down.

So I'm willing to pay a premium to their book value.

This was the first enrollment made when Quirinius was governor of Syria.

(And this taxing was first made when Cyrenius was governor of Syria.)

Well what happens if the market price is below the book price?

And so if the book value is understated, that means that either the assets are understated, or the

That's the situation where the market price is above the book value.

And last year we were able to release the first website version of Wolfram Alpha.

Underwriting had collapsed, and banks were more than ready to get out of the securities business.

Then the number that pops out on the equity side, that is a book value of your equity.

The person who's paying 12.00 a share is assuming that this is understated, the book value is understated.

Forward!

Release

Let her rip!

In 1969, the Chinese and Soviet armies exchanged fire across their disputed border.

Since its launch last year, progress on the implementation of the action plan has not slackened.

Gunshot

(Rocket launch)

The RADIUS server is usually a background process running on a UNIX or Microsoft Windows server.

The Secretary General s launch of the Sustainable Development Solutions Network is therefore especially timely.

Nobody expected them to dig in at the Trade Unions House, let alone start shooting.

Player 1 Shot

Player 2 Shot

imitates gunfire

(Machine gun fire)

Hey, stop that fool shooting!

I can shoot just as straight...

We heard firing.

Torpedoes running.

They've released them!

I hear gunfire.

The missile place.

And so if you just subtract the 23 from the 26 billion, you get a book value of its equity.

Maybe, if this were Goldman Sachs' balance sheet, maybe its book value per share is 6.00.

The Dubai government initially owned 100 percent of the company while the founding shareholders held 24.3 percent when operations as a public company commenced after the IPO in July 1997.

Sami returned fire.

Sami kept shooting.

Sami was released.

Vietnamese blogger released from prison

Atena Faraghdani has been freed.

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