Post by
Maxmoe on Dec 29, 2020 7:34pm
Let’s review the numbers
Post recent sale, cash is over $200 million or $3 per share. That's just the cash! The asset sale was for $117million for 2019 sales of $109 million. Let's call it 1x multiple. Total sales and biz value in 2019 were 1.49 billion. Less total debt net of cash of 760 million = 730 million. = $10 per share. Book value at sept 30 = $685 million or .... $10 per share. .
Comment by
Lindainvestor on Dec 29, 2020 8:27pm
That sounds great!!! and hopefully 2021 will be a good year as well