Re: Reply to stock_shark1 - potential upside
in response to
by
posted on
Jul 16, 2015 09:45AM
Multi-Billion Dollar Agreement Signed With Oman
But they can't buy shares of LLC on the open market. LLC is not publicly traded. So by buying newly issued shares of LLC, they get access to 100% of the book value of LLC. Also, LLC had nil book value prior to July 1 or 2. It's important to keep in mind that there is a very big difference between buying more shares of OMAG vs buying shares of LLC. Two different companies.
Does this help close the gap in your 100%? :)