Wednesday, October 18, 2017 1:29:46 PM
1. DOLV owns 37.7% of the JV
2. DOLV is owned 90%+ by, so 10% is the maximum ownership percentage of common stockholders
So I deflated the profits to the common shareholders to $300 million and divided by the 800 million common shares to arrive at $0.38 PPS.
Does this seem right?
Hopefully there are many other revenue streams heading to DOLV, like Long Star, etc.
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