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slaternation

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slaternation

Re: Tool_power post# 47646

Friday, 11/13/2009 4:05:51 PM

Friday, November 13, 2009 4:05:51 PM

Post# of 67237
It is the proof from the company that assets are greater than liabilities. Shareholder equity is the amount of money left over if the company were to liquidate and get rid of all it’s assets. It’s also known as book value. As WS stated earlier the simple math puts the book value at $1.47 per share.

$357M divided by 243M outstanding shares
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