RE:RE:Sonas share value to Torrent.It's called ARBITRAGE.
If you look at their statements of 3/31 and the value of their publicly traded equities, they should have had substantial appreciation. At 3/31 their NAV was 50 cents/share. Now SONA - assuming they still hold the shares is now worth 72 cents NAV (vs 11 cent at 3/31). The other shares, by my rough estimate have appreciated 50-75 cents NAV. With a current 95 cent share price for TORR, there is substantial potential for appreciation, which will be validated once the company releases 6/30 numbers. Then one can see how many shares of each company they hold, the NAV of 6/30 and (roughly) calculate the NAV of today.