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Enterprising Investor

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Re: robertcshea post# 35

Saturday, 01/06/2018 11:25:13 AM

Saturday, January 06, 2018 11:25:13 AM

Post# of 79
Management disclosed NAV of $7.93 on 11/09/17.

Please note that management estimated the value at $8.52 per share at the time. The difference is approximately $99 million dollars and is entirely related to Worldwide Plaza.

The company has made three distributions since then. By 1/28/18, the payments will total $5.07 per share.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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