Subtracting Total Liabilities from Total Assets = Total Shareholder Equity =>
407,602,000 - 243,367,000 =
$164,235,000
$164,235,000 divide by total shares of 80,643,212 shares.
That equals $2.03 per share!
So, I am having a hard time believing this myself, only because the price hasn't jumped to a 1.00. So give me a VALID reason why this is not true. If next MOR shows positive again, I think I am going to double up!
GO AROPQ!!