april nta take a guess, page-3

hmmm OEX has kicked another 20% since the start of MAY, we will have to guess the MAY NTA next month

Anyway, for end of April my NTA estimate is $1.38 (pre - tax)

I'm bullish on the stock, but have takening into account cash holdings and the fact that some upside can be delayed by the convertible note structure used by LRF..

IF i'm in the ballpark we are taking about the pre-tax pre-dilution NTA discount being in the order of 50%, even better if it's closer to drdave's numbers

I have bought both LRF and LRFO in the last month.