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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (21194)4/28/2005 10:43:25 AM
From: Cressidaadr  Read Replies (1) of 78476
 
The Q1 release for OSHC is showing Stk. Equity of $60 million with 8.44 million shares outstanding. That is a book value of around $7.1/share.

I'm wondering why the difference with your effective $13 book number? Perhaps it is something with the MHC conversion - but it would seem if there was a need to account for that much difference the management would at least make mention of it in yesterdays PR to help the investing public evaluate their company?
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