Hey Disco,
Just my take, but there's $45M from the sale of China. There were extra monies after the final sale of hogs on the US side that were put into the kitty. No idea as to how much but lets say $2M. So we have $47M
I don't believe they would have put that $2M into the acct unless all valid claims against the US side had been paid. I'm very confident all of the big one's have already been paid off.
I'm guessing apprx $30M left after paying rest of claims, attorneys, etc. Divided by 64M shares gives apprx .47 a share.
Now you throw in what is received thru insurance claims and any other suits, hopefully getting monies back from the criminals. At only $5M that would be another .07-.10 cents per share. Maybe it's $10M, 15M, $20M. Just don't know cause no idea as to how much their policies were.
But these are just my guesses, may be high, may be low. I'm hoping the latter of course.
Slam away WS.
Anyways, that's how I'm getting the .50-.60. It's a freaken long way from the $3-$4 that this company was really worth. What a shame.
Great day to all.
