If the same share is sold for $70, then the $75 cash component is effectively being exchanged for less than $75, which creates an impermissible inequality in money exchange.
If the share is sold for exactly $75, then no part of the price remains to be attributed to the fixed assets. Therefore, under the reasoning described, both cases create a problem.
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Equity Investment: When Are Shares Tradable?
If the same share is sold for $70, then the $75 cash component is effectively being exchanged for less than $75, which creates an impermissible inequality in money exchange.
If the share is sold for exactly $75, then no part of the price remains to be attributed to the fixed assets. Therefore, under the reasoning described, both cases create a problem.