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RealDutch

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RealDutch

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Re: The Swede post# 125888

Monday, 12/11/2017 2:41:37 PM

Monday, December 11, 2017 2:41:37 PM

Post# of 163718
The official conversion took place on Oct 5, to 36.6%.

They have to book what they own, at cost. As of Oct, 5. So yeah, I would say they have to book a gain. 36.6% of $340M + $25M (profit) + $30M (work) is higher than the $124M + $5M we have now.

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