I wonder were the support levels are for AUGI as 1 5/8 is a new 52 week low. More bad news on the horizon? (If that's even possible) In contrast, its interesting how strong WPEC share price has been recently. Another Form 144 was filed on the 16th of January (don't have the details yet. Are you taking the opportunity to average down your position at these depressed prices?
Market Value January 2, 1998 (AUGI) per share
WPEC $6.625 * 2 mil shares= 13,250,000 / 11,117,389 or $1.19
Techstar/IDF (From latest 10-K: The value assigned to IDF shares received was $2,243,000) = 2,243,000 / 11,117,389
= $.20 for 42% of company (since AUGI owns 58% )
we need to use the factor 58/42 = 1.38 * $.20 to get $.28
Therefore, verifiable market value of assets for AUGI (minus Connectsoft, Exodus and any cash/marketable securities)currently are $1.47 per share. |
