Assuming the common stocks of 58.19M shares appear on Minerva Bunkering’s (100% subsidiary of Mercuria Energy Group - a privately held company) books as $0 post acquisition, wouldn’t the value of the stocks increase as they begin to generate profits?
Litigation trust still working on settling the creditors claims which I believe is likely to complete by 6/30/2022 (please correct me if I am wrong). I also agree that common stocks have nothing to do with what Litigation Trust doing, however its completion has dependency on common stocks. At the end of their completion and after their exit, will we be able to see what’s the value of common stocks on Minerva’s books? Is it $1 per share or what? How will they get rid of us and when? Could anyone comment here?
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