Net assets have more than doubled. $630M versus $300M five years ago.
At these levels it should be about book value. $17.60/share in 2014 versus $14.60/share now. Just a small difference.
The best they can do is 50% of book. The best they can realistically achieve is 20% of book. Or $3/share. But I don't see how Solomon can do it. SIAF is like a wounded animal. And the scars will never go away.