The valuation of unquoted sharesC.G Glover
Valuation uncertainty is another significant risk. Since unquoted public companies are not traded on open markets, it's going to be difficult for you to determine the fair value of their shares. The absence of a continuous market price means that valuations are often based on private transactions...
The valuation of unquoted shares.Features the book "The Valuation of Unquoted Shares," by C. Glover.PlunketPaddyChartered Accountants Journal
Considers the information which might be available about the shares to be valued. Concludes that owing to the diverse nature of accounting policies in use by property companies, reported profits cannot be used as a consistent measure of performance, but that the accounts as a whole, combined ...