Nuvista shares 520 Million DollarsThe total value of the investment in the Presentation suggest that POU have 510 million of investments on the balance sheet, but that is not correct today, it may have been correct on September 30,2022.
September 30,2022 value of NVA is $9.81 * 37.3 million shares = 365,913,000 dollars
November 03,2022 value of NVA is 14.06 * 37.3 million shares = 524,438,000 dollars
So as of right now POU has 158 millions more in share equity currently exist beyond this page of the presentation. Or about $1.12 a share of value not recognized.
668 million is the current market value of investment on the balance sheet, it is likely worth a lot more. The proforma net debt is 285 million as of sept 30,2022, so POU has essentially zero debt and 383 million of investment assets on it balance sheet.
POU's value is understated, and they have the balance sheet and the flexibility and really have no obligation to the banks that are meaningful.
POU Investment - Current Presentation POU is simply to Cheap
IMHO