NAV = > 20 cents Per share $42 million minus payments to management / shares outstanding = > 20 cents per share.
However, I suspect Forbes has its eyes on a few good projects for LFD.
The new projects will add more then a few cents to LFD asset base.
I suspect investors should easy get above 20 cents out of LFD.
Regardless if you hate Forbes management, LFD has good upside.
But what a great lost opportunity LFD turned out to be. ( sickening )