RE:RE:Fair market value of strategic investmentsEnd of Q1 HPQ = $1.17
End of Q2 HPQ = $0.70
A drop of $0.47 which will result in a comprehensive loss of $18,000,000.
or
minus $0.11 eps Even if PYR turned
all of there backlog into revenu in Q2, they will have to show a huge loss.
I sure hope a major annoucement will bring the sp up by a $1 or $2 so I can breakeven and sell before the Q2 results announcement.
Sorry for the downer, that's how i feel.
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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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