InvestorsHub Logo
Followers 218
Posts 38765
Boards Moderated 0
Alias Born 04/29/2008

Re: castaways post# 25273

Wednesday, 05/16/2018 4:18:43 PM

Wednesday, May 16, 2018 4:18:43 PM

Post# of 51491
Indeed, we were discussing its current book value.
Which of course, is negative, not $.0000x anything. wink

Future? Who knows.

It will NOT be whatever assets Delfin adds.


It will be whatever NET assets Delfin adds, less the liabilities at that point in time, IF Delfin in fact does an R/M.
winkwink

"There's a sucker born every minute, 2 to take him and 4 to lend him toxic debt" PT Barnum's investment advisor.