RE:RE:Absurd valuation - $2.34/share Book Value I would value it at a slight discount to the tax savings it would create. $130M at an effective tax rate of 25% would be $33M. Likely any transaction to surface this asset would result in a present value calc of that $33M... Even if you call it a present value of $25M, that's about $0.50/share.
I think an acquirer could structure the corp to scale the rentals business and surface the value of the tax assets.