Given the relationship between GSHF, VRDM, and INSQ, shouldn't there be strong correlation in market cap of GSHF to its holdings?
I think GSHF is undervalued by at least 60% given the market cap of VRDM and INSQ. This is potentially an arbitrage situation. Is my math right below?
VRDM with 243,256,317 share at 0.23 = $55,948,952 market cap, so 70% (GSHF's ownership) = $39,164,267
INSQ with 4,948,173,844 shares at.006 = $29,689,043.06, so 80% (GSHF)= $23,751,234.45
Just VRDM and INSQ market cap is worth about $63 Mio to GSHF, not including GSHF's other substantial holdings.
With 110 million shares at GSHF, it currently has a market cap of about $38 Mio at .35. As a holding company, its already worth at least .60 cents given its holdings.
Would this indicate to this board that GSHF has an expected healthy rise?
best,
Justin |
