Exactly! The NAV (NET assets value ) with all liabilities accounted for sit at 3.2 per lat Q ER.
They own almost 30 mils of Tripadvisor stock.. that's by itself on the bottom right now makes it a math thing. 30milsx 18/share $trip = 540 mils $ interest holding 540 / 75 L-trip OS = 7.2/share (true holding value based on current stock market of Tripadvisor) without those long term liabilities. What it would be when Tripadvisor will trade back to 50/share?.. Just just got a new CEO. btw.
Tripadvisor also has 75 mils budget for its shares buybacks.. which will SPIKE L-trip commercial interest when those shares are retired and reducing its OS as TRIP grows.. L-trip value should .. ;) ( sooner or later) Their revs are almost recovering at 100% from lockdowns levels this year
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