shareholder equity - 188.349 mil - .30 cents/share fully dilAfter all the write downs, after trimming their inventory significantly, net of all debt - supremes buisness nets 188.349mil. (see q1 financials)
that translates to .37 cents/share - or .30 cents fully diluted.
Given supreme has transitioned to positive ebita, once they cross 1.5mil - that covers all cash interest charges on debt - and they should officially transition into increasing cash position. With growing revenues, this should only increase.
How does it make sense for anybody, (unless your under the gun) to sell at these prices. Its a massive discount to their true value.