Quote:
Originally Posted by Goldberg Global
Bank Valuation is 360.000 euros
Sales Price is 230.000 euros
So the discount to bank valuation is 130 euros. It is just under 57%, 56.6% below bank valuation.
So yes, we have arrived at an interesting time. It is a deal. Let me know if interested.
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just going back thru some posts I hadnt read yet and this one got me thinking.
230,000 is 64% of 360,000. The difference of 130,000 is 36% of 360,000.
Therefore 36% discount to bank valuation.
Or have i missed something?
Rick