The $5.08 valuation provided by BBI's "independent experts" was garbage. You just had to read the report fully. The chickens are coming home to roost. As I said back then, BAM will not care one iota if this underperforms. All the fine print allows them to take control of all the assets. Just you wait and see. At what price would I buy PIH? I wouldn't buy it at any price and for a value investor that's saying something. Just my opinion. I could well be wrong and maybe holders will get their $5.08?
The $5.08 valuation provided by BBI's "independent experts" was...
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