Tuesday, October 04, 2022 9:10:13 AM
form 14f -2017
It seems Egan was sitting on a $65m tax loss carryforward (ie defferred tax asset) when the deal happened
So 22m shares at today $0.75 == $16.5m
So a breakeven for Egan $65m + $.949m - 25k == $65,924,570 == $3.00 per/sh
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