Replies to post #10768 on Syncora Holdings Ltd. (fka SYCRF)

[rockraider3]

You missed a million miles of fun.

Project the ending ABV, apply projected discount, get sale value of the book.

I suspect that they end up selling the book, distribute out ~90% of the proceeds via a special dividend of sorts. Then we still have the SHL shell with the NOL's, and that probably takes additional time to sort out.