“As for your calculations, I don't even think you know what you are calculating. Go back to my original calculations - just read loss of book value at the end.“
So you can’t or won’t show what is wrong with my calculations. LOL. Not surprised.
It’s pretty straight forward and I think most here can track along.
I will make it even simpler.
The company lost $15,621,171 in “book value” for the asset. That is their number. Not mine.
Original value was approx. $16,800,000.
$16,800,000 - $15,621,171 = $1,178,829
That is what the Holdco units value will be on the next balance sheet assuming no more HoldCo units were given away.
That BTW is 3.4% of the stated value of WSCG
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