Parent Capital Corp V.PAR.H

My analysis of anticipated return

[gertrude73]

I have purchased shares at around $1.83.  I think the sale of properties announced will in fact close at net proceeds of $63 million or about $1.37 per share. 
The equity is $99.663 million according to the financial statements.  Deducting $63 million from this leaves $36.663 million.  i have discounted this by 10% leaving a value of the company (after announced sale) at $33 million or about $0.79 per share.  $1.37 + $0.79 = $2.16.  So, I think the value of the company is $2.16 per share. I bought shares for $1.83, or $1.815 with distribution of $0.015.  I anticipate my return on investment will be approximately 18%.

Remember, do you own due diligence.

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