Q: CKI report today "Adjusting solely for the estimated gain on sale of the Freight Transport Business (to be recognized in the first quarter of 2014) and reflecting the Common Shares outstanding as at March 6, 2014, the Company estimates that its pro forma book value per share is $11.72 of which 75% is held in cash and marketable securities. The Company's current trading price represents a 34% discount to this pro forma book value per share as at March 6, 2014."
Sounds like a bargain and price is popping. What is the view of the report by 5i please.
Sounds like a bargain and price is popping. What is the view of the report by 5i please.