Re: Does anyone else find it strange....
posted on
Feb 15, 2014 10:42PM
"The potential had been factored into the price many years ago....now we need execution and leadership. ..
What if the stock price could be boiled down to a function of the value of the assets multiplied by the capability of the Board of Directors to maximize its monetization. The latter is simply a 0-100% rating. If MMP could bring in $500M then apparently 25% comes off the top for the Leckrones leaving $375M split 50/50 so PTSC could net about $190M or about 45c per share.
If there's 20% confidence for maximum monetization via the current PTSC BoD (leadership) then that's 9c a share. Not far off and your mileage will vary.