i have no idea too.
taking the 66c NTA(when there was 2.5bil shares) and ignoring the scare tactic values they bandied about if recap failed. that equates to about $1.6bil
then add the profit they made on DBCT of $300mil. add in similar amount for savings on beppa and add in about $1.2bil of recap monies.
1.6+.3+.3+1.2
=$3.4bil give or take. then divide by number of shares on issue, which ive totally lost track of.
ive lost interest in PIH as a long term investment but i can see short term potential in trading the swings.
goodluck everyone.
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