An asset play is an incorrectly-valued stock that is attractive because its combined asset value is higher than its market capitalization, the total dollar market value of all the company’s outstanding shares, calculated by multiplying a company’s shares outstanding by the current market price of one share.
What are play assets?
An asset play is an incorrectly-valued stock that is attractive because its combined asset value is higher than its market capitalization, the total dollar market value of all the company’s outstanding shares, calculated by multiplying a company’s shares outstanding by the current market price of one share.