Berkowitz is referring to the Prefer shares when he says $20. Ackman has said Commons could be $23 - $46 but that is if warrants are exercised. Since warrants are collateral and all debt has been repaid warrants cannot legally be exercised. Therefore multiply Ackman numbers by five. Patswill really says $379 if you read the fine print. My new and improved patent pending proprietary complex well liked and respected algebraic algorithmic algorithm suggests $377.50. I believe my calculation is the best.
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