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Post# of 69954
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Re: nsomniyak post# 64786

Wednesday, 07/06/2022 2:09:59 PM

Wednesday, July 06, 2022 2:09:59 PM

Post# of 69954
The question is, what is the tangible value of WDHI? The market right now is pricing it at .27 as the announcement added only .09 to HNRC pps (.09 x 3 = .27).
If the book value of WDHI is anywhere near $5.00 a share they would be better off liquidating and paying shareholders a cash dividend. Even a $1.00 cash dividend declaration would put the pps of HNRC over $1.15 per share and if HNRC needed to dilute they would be much better off doing it at $1.15 then .25 where it is now.

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