By Tom Winnifrith | Sunday 26 October 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Does asset backing mean asset backing? Not always 10p can be worth 10p or 5p or 0p - wthout wishing ti sound like Rob Terry - it all depends on what the asset backing comprises. Tom explains this key metric of investment analysis looking at 4 specific companies: Golden Prospect, Naibu, Paternoster Resources and Quindell as well as Mark Slater's share purchases after the bursting of the dotcom bubble
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