RE:RE:82% discount to NAVTo be honest I was tossing it out to see what came back....
More interesting to me is how Pembrook is valued at around $2.50 a share....I browsed their site which is clearly set-up for someone looking to IPO/RTO and can see nothing that justifies the valuation of $200mln or so.
Staff is now skeletal and offices etc...are gone. I doubt Poulus will be paid anything like what Icke was so I think future financials will see much more realistic G & A.
Lionsgate is essentially dead, not much interest in 0.25% copper. Teslin is dead and they announced selling there 30% likely to a shell-maker and terreno is also dead.
So all that is left is Pembrooke with it's suspect valuation and Woulfe whih may or may not survive....
Buying RIN is not investing at this point probably more like splitting 10's when the dealer is showing a 6.