Re:Yahoo to cut 15 percent jobs, close several units
by drzaiusapelord on Monday February 01, 2016 @03:08PM
(#11014990)
It does illustrate the point that Yahoo's wealth is really in its holdings. Yahoo as a company really doesn't produce much, or anything, of positive value.
That last trade price times number of outstanding shares -- market cap -- is the only common basis for overall valuation of publicly traded firms (that is, the only basis that is guaranteed, by definition, to be available for every publicly traded firms) does not mean it is a particularly accurate and meaningful measure of the overall value in any useful sense.