InvestorsHub Logo
Followers 91
Posts 7635
Boards Moderated 1
Alias Born 12/26/2009

Re: luke424 post# 1092

Monday, 03/02/2020 10:45:09 AM

Monday, March 02, 2020 10:45:09 AM

Post# of 1343
Rapid Repricing of FRAZ asset class is long over due IMO
the scent of settlements are in the air
where you in SECI as well?

this is my favorite case that will set the tone for valuation on this type of asset class

Lawyers for the plaintiffs at Kozyak Tropin & Throckmorton based the $792 million damages estimate on Banco Nuñez’s $7.8 million worth at the time, plus 6% annual interest and triple damages under the Helms-Burton Act, a 1996 federal law.

https://www.reuters.com/article/us-societe-generale-cuba/societe-generale-sued-for-792-million-by-heirs-of-cuban-bank-seized-by-castro-idUSKCN1U52PD

if we apply this math to FRAZ
we get apox. $B 1,780,000,000 = about $3098. per share
without trebling / with trebling multiply by 3


FRAZ NOT IF BUT WHEN .... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152486411
SCGLY