my initial thoughts on the delisting attempt, page-56

Had a quick look at the balance sheets – from what I can see, PGH has net assets (assets minus liabilities) of around $470 million. That figure seems to be more than double what’s shown on The Reject Shop’s side.I’m not a financial expert, so I can’t take the analysis much further than that. However, I’d be really interested to hear from someone with more experience who can dig into this and provide a more detailed comparison.