Subject: Re: Value of BHE
Probably the way the value of anything is determined. What a willing buyer pays to a willing seller.

Though true, it might be more complex: it may have been based in whole or in part on a formula that was agreed (between willing buyer and seller) some time in the past. If the formula involved something like (say) 3 year average free cash flow, the calculated price may have dropped a lot.

Jim