I see it differently because what I read is the 48.6% was not done “post” Q1. It was done in Q1 and is included in the financial statements (ie. It is not a subsequent event). The balance sheet shows show the asset value of $17 million not 8.7M. Hence the 48.6% represents $17 million worth of WSCG equity.
Regardless, they don’t seem to want to be very clear on some of this stuff do they.
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