Property SaleWith the sale/leaseback of their Etiwanda property (134k sq ft, 16 acres) for $70 million ($55 usd) the operating company is now trading at $0.85 and earning $1.00 per share!
The Richmond, BC property has a 2021 assessment of $67.9 million (cdn). So, US$ cash (net of taxes) and Canadian real estate is approximately $125 million cda. Market Cap today - $150 million.
Look for another and much larger special dividend with Q4 results.