RE:RE:Fair market value of strategic investments they have 2 months to make up for that
StairwayTo wrote: I hope the $65M involves somehow HPQ that could help its sp,
Cause as of now, PYR will have to book a comprehensive loss of 12.8M in Q2
not negligible.
PYR recorded a comprehensive income of $41millions for the year ending 12/31/2020.
The result of "fair market value" on HPQ investment, which saw its SP increased from $0.08 to $1.10 by the end of 2020.
PYR will probably record some $3M in comprehensive income in Q1, due to the increase in HPQ from $1.10 to $1.17 at the end of March.
Every drop of $0.10 in HPQ sp would represent +/- $4 millions in comprehensive loss
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