Intrinsic value is actually not a real thing in the sense that its own drivers are reflective of extrinsic economic and market conditions. Intrinsic value is ephemeral and only kind of exists.
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I think that would be its market value(price). Its intrinsic value would be whatever the investors/speculators reckon is worth - a whole lot more than what they’re betting on.
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If intrinsic value is whatever others reckon it's worth, there's nothing intrinsic about it though?
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I think it depends what you mean by intrinsic value. The traditional definition is not what you describe, but I guess if you choose to use a new definition it can be whatever you say it is!
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Well what is a discount rate based on?
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For the record money in of itself is ficticious and so worth always come down to the penalty to not repay debt ..... the steeper the penalty the more value. When you read history you realize homosapiens can only believe certain fictions based on real life penaltys
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To bring the point home. Value is value based one what two people believe value is and this always comes down to money is fictitious anyways. I know that thought is hard to swallow.
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Depends on the IPO
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Investment Bank led financing or direct listing.
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