Seriously, I do not remember ever telling anyone not to buy shares. I prepared the information to update the iBox after last quarter's result, but apparently the information was never saved correctly. I will get this done and more within the next 12 hours or so.
The equity account is now in the black at $68.9 million for shareholders and $77.2 million in total when including the non-controlling interest. It may only take one more quarter to have enough equity to cover redemption ($120.2 million) on a theoretical basis. I could be wrong, but it could be close.
Management made one mistake in my mind - the tender offer for SKRUF should have been enhanced from $5.00 to $7.50 at a minimum. We will see how SKRUF reacts going forward to the good news.
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