RE:RE:Fair market value of strategic investmentsStairway it doesn't matter what HPQ does.
The market is reacting to what PYR does.
Look at the stock price NOW!
WIth the help of HPQ, the earnings were great.
Stock goes down cause they want PYR to be able to earn without the
help of HPQ.
I think it has become quite obvious don't you think?
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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