RE:Absolutely NO HopeI remain depressed and horrified by what has gone on here, but I still think C$5.00 is achieveable.
Jefferies (biased, but still) recently lowered their estimate of NAV per share from C$6.33 to C$5.38 and TD is at C$4.95.
So it's not an unrealistic expectation to imagine C$5.00 if they own growing businesses.
The India IPO market is beyond hot right now. If they don't flip Turfopes into that frenzy then either something is seriously wrong with it or they are morons: https://www.reuters.com/markets/deals/bajaj-housing-finance-draws-bids-worth-39-bln-hottest-india-ipo-this-year-2024-09-11/
But I continue ot think that they need to turn off the preferred dividends until they can get something sold, because the cash burn is running too high. it's irresponsible to keep paying out those cash dividends in the absense of incoming cash to the holding company.