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Genesis of an idea

Value and political commentary are not necessarily the same thing. A new issue of share to the public will be successful or not depending on how investors perceive value.
The suggestion of shares needing to be sold at a discount suggests there is an intrinsic real value that differs from what the market will pay. This not good thinking; if people won't pay more, then that’s all it's worth. Perhaps in a different time period the price would differ and so would the price of other things.
 

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