Saturday, March 21, 2015 8:44:36 PM
We'll use the book value way of evaluation. In the recent 8K, last quarter's equity (pre-snb) was 643M. If we less 300M from that for the loan, we'll get 343M. Ok loan is paid. Now we go by LUK's table of asset distribution. The first payment is 50% of an amount up to 350M. So LUK get's 171.5M and FXCM gets 171.5M. 171.5M / 47M = ~$3.60 per share that shareholders get.
This doesn't take into account the interest FXCM has to pay or whether or not they can pay it off. It also doesn't take into account the fact that pretty much all solvent growing companies sell for way more than their book value.
FEATURED NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM