Originally Posted by
Baa_Baa
We're getting there, much closer than ever before. Problem is or may continue to be, we will never land on a consensus as to the 'value' of OCA.
As a thought experiment, think about it like this. If Kianga Ora decided to buy us out at fair value now, to convert all of our properties to community homes, rooms and rentals, what would 'fair value' be right now? What would you 'value' that buyout at, if you were the Kianga Ora procurement person?
I suggest Kianga Ora because they're not interested in profit like a private equity, another RV, going concern investor, would be. They'd just look at asset value, strip out all the revenue, liabilities, debt, operating expenses etc, and pay just what they thought the remaining assets were worth.
OCA reckon the assets are worth $2.8b, but you'd have to subtract all the other stuff.
What do you think they would offer, now, to purchase all of the OCA assets?