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The problem is that internet companies are difficult to value by conventional measures.
Despite the limited supply, prices remain cheap, in part because the assets are difficult to value.
Almost all proposals have effects that are difficult to value in monetary terms.
"This guidance will help auditors more accurately price assets that are difficult to value under current market conditions".
What's more, the fiendish complexity of the deal has Freeport partly paying for McMoRan using units of a royalty trust, which are difficult to value.
Securities of distressed companies, like those used in the scheme, trade infrequently and are difficult to value because transactions are not posted publicly as they are in the stock market.
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It is difficult to value Kozmo or Urbanfetch because both are privately held.
They feel it is difficult to value accurately the Russian business.
Information on historical prices is scarce, so it is difficult to value assets.
"It's difficult to value a company in this situation," he said.
Jason Tuvey, a Middle East specialist at Capital Economics, said it was difficult to value Saudi Aramco and he had come across speculative figures ranging from $1tn to $10tn.
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