Book Book at q end is a very conservative $6.99.
In addition, the jv line had income of 2.7 million.
The jv accounts are difficult to pull apart. But, reporting income when there are such large front end planning and engineering expenses being paid at Silverdale is positive in my view.
Cash balance is up over a buck a share.
The tax case is up again in feb.
Stock is not expensive relative to NAV.