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Re: ash111 post# 1680

Thursday, 02/09/2017 9:50:16 AM

Thursday, February 09, 2017 9:50:16 AM

Post# of 9554
Book value was $15 before the asset swap. Not after. That has to do with the new management rights which have to be booked at cost. Simply accounting rules. They are still adding $150M free cash flow or 3x the current market cap every year, from the plantations. That's what makes it a great story.