Ether Capital Corp (DTSRF)

[Dogger05]

Yes you are right that some of the discrepancy lies in the warrants/options outstanding. I counted a total of 6.2 million outstanding. So added to the shares outstanding would bring share count to 40 million, at $5 cad per share gives $200 million market cap vs NAV of Aprox $260 million. Instead of $3 per share brings it down to $1.50…all in cad funds. Still a significant difference in my opinion.