GREY:GDPEF - Post by User
Comment by
LeftBookon Jun 06, 2019 2:44pm
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Post# 29803461
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Yahoo has something for RCG chart enthusiasts
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Yahoo has something for RCG chart enthusiasts
or maybe Leigh meant something similar to book value 6.15c/sh
31.3
- 18.3 liabilities
- 2.2
= 10.8M
10.8M/175M = 6.15c/sh
Leigh mentions share based purchases and investments. In both cased shareholders retain their portion of the tax credits.
==
The full value of the tax credits in an empty shell is $20M.
20M/175M = 11.4c/sh
3c would be a substantial discount.
A buyer could potentially bag a profit of (20M-3M)/175M = 9.7c/sh