Sentences with phrase «tangible book value given»
I thought the 5th quintile would also result in lower average excess return for price to tangible book value given that it outperformed in the 1st quintile.
http://www.fatpitchfinancials.com/ Not exact matches
Therefore, if you purchase shares of our Class A common stock in this offering, you will experience immediate dilution of $ per share, the difference between the price per share you pay for our Class A common stock and its pro forma net tangible book value per share as of September 30, 2010, after giving effect to the issuance of shares of our Class A common stock in this offering.
At March 31, 2012, after giving pro forma effect to our receipt of the net proceeds of this offering, we would have had a pro forma net tangible book value of $ 10,194,760, or $ 2.76 per share.
Given this information, and assuming a $ 35m impairment to PP&E, Seahawk has a tangible book value of approximately $ 505m.
My thesis about the common moving back toward book value proved out; the common shares have moved up from 40 % to close to 80 % of tangible book and I decided it was not worth the extra 10 % (I had set 90 % as my goal) given my view that the market is quite overextended and the potential for a significant pullback quite high.