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downthehatch

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downthehatch

Re: Enterprising Investor post# 1039

Wednesday, 10/12/2022 12:05:14 PM

Wednesday, October 12, 2022 12:05:14 PM

Post# of 1063
This is an indication that the residual value of the company, after payment of the litigation payout to shareholders, will be higher.

The payout, whenever it comes, will be around $31.00/share.

So the stock now trades for less than that amount. What is the company worth as a going concern after the payout? Who knows. But it is likely more than 0... more likely around $2-5/ share.

That means you are getting 33- 35 of value here, for about $30 today.

Look back on this, and you'll see I have been consistently right on this stock.

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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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