Canadian Life Companies Split Corp T.LFE

LFE unit NAV to June 30 = approx $14.16 before dist.

[mouserman]

So after paying out to preferreds the UNIT NAV would be approx:  $14.10
Commons would have a value of $4.10 after dist.
Still about a 20% DISCOUNT. For some reason the markets dislike the lifecos, even tho they are doing awesome in this high interest rate envirnoment. Eventually they will catch on to the advantage LIFEcos have over the banks in a rising rate envirnoment.

[braedenthi]

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[mouserman]

So the Quadravest update showed the exact unit NAV my spreadsheet came out at. LFE could easily reach 15$ threshold by end of the summer.