The $144.7 m value given to the property plant and equipment has been derived using the discounted cash flow method.
You need to add and subtract from that all the other things in the pro forma balance sheet to arrive at the $88.7M (15.54 cents a share) which will be left.
That is the nett present value of what we can expect based on the assumptions in the valuation. It will be more than that when the 9.6% discount rate is taken out.
HGO Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held
