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Enterprising Investor

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Re: Sargon007 post# 6

Wednesday, 07/04/2018 9:15:23 AM

Wednesday, July 04, 2018 9:15:23 AM

Post# of 88
RVI will trade at a discount until the very last property is sold.

Book value at 3/31/18 was $49.78. Sales prices realized over time may be more or less than the book value. I expect gross proceeds to be in excess of book value at 3/31/18.

The number of properties to be sold started out at 50. Two have been sold since the separation plan was released.

https://www.sec.gov/Archives/edgar/data/1735184/000119312518192249/d394376dex991.htm

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

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