I’m always conservative in my numbers.
I chose 80m since it’s a nice multiple for the current OS of 800m. And about 1/4 of the maximum after interest is added.
My guess is that once there is an official announcement of a filing with any court to seize assets, the Bolzan’s will come to GD with a settlement offer.
I’m looking for something in the $120m to $160m range. Or a pps of 15 to .20.
Contacts in Brazil have indicated that the brothers are connected to at least 3 entities that can satisfy such a judgement, and 4 or 5 others that range in the $30m-$50m individually. That’s just in Brazil. It is rumored that there are 2-3 other entities internationally of which any one of them would settle the judgement in full.
Hope to see something in the next 30-60 days on that front, attorneys and courts always seem to take 30-60 days.
GLTA
Cor