The valuation of the T-Share is currently at a level which bears no relation to the value of the company , its prospects for development or its current position in competition .
1	The	The	X	FM	Foreign=Yes|Person=3	0	root	_	_
2	valuation	valuation	X	FM	Foreign=Yes|Person=3	1	flat	_	_
3	of	of	X	FM	Foreign=Yes|Person=3	1	flat	_	_
4	the	the	X	FM	Foreign=Yes|Person=3	1	flat	_	_
5	T-Share	T-Share	X	FM	Foreign=Yes|Person=3	1	flat	_	_
6	is	is	X	FM	Foreign=Yes|Person=3	1	flat	_	_
7	currently	currently	X	FM	Foreign=Yes|Person=3	1	flat	_	_
8	at	at	X	FM	Foreign=Yes|Person=3	1	flat	_	_
9	a	a	X	FM	Foreign=Yes|Person=3	1	flat	_	_
10	level	level	X	FM	Foreign=Yes|Person=3	1	flat	_	_
11	which	which	X	FM	Foreign=Yes|Person=3	1	flat	_	_
12	bears	bears	X	FM	Foreign=Yes|Person=3	1	flat	_	_
13	no	no	X	FM	Foreign=Yes|Person=3	1	flat	_	_
14	relation	relation	X	FM	Foreign=Yes|Person=3	1	flat	_	_
15	to	to	X	FM	Foreign=Yes|Person=3	1	flat	_	_
16	the	the	X	FM	Foreign=Yes|Person=3	1	flat	_	_
17	value	value	X	FM	Foreign=Yes|Person=3	1	flat	_	_
18	of	of	X	FM	Foreign=Yes|Person=3	1	flat	_	_
19	the	the	X	FM	Foreign=Yes|Person=3	1	flat	_	_
20	company	company	X	FM	Foreign=Yes|Person=3	1	flat	_	_
21	,	,	PUNCT	$,	PunctType=Comm	22	punct	_	_
22	its	its	X	FM	Foreign=Yes|Person=3	1	appos	_	_
23	prospects	prospects	X	FM	Foreign=Yes|Person=3	22	flat	_	_
24	for	for	X	FM	Foreign=Yes|Person=3	22	flat	_	_
25	development	development	X	FM	Foreign=Yes|Person=3	22	flat	_	_
26	or	or	X	FM	Foreign=Yes|Person=3	22	flat	_	_
27	its	its	X	FM	Foreign=Yes|Person=3	22	flat	_	_
28	current	current	X	FM	Foreign=Yes|Person=3	22	flat	_	_
29	position	position	X	FM	Foreign=Yes|Person=3	22	flat	_	_
30	in	in	X	FM	Foreign=Yes|Person=3	22	flat	_	_
31	competition	competition	X	FM	Foreign=Yes|Person=3	22	flat	_	_
32	.	.	PUNCT	$.	PunctType=Peri	1	punct	_	_
