They have announced its riduculously undervalued, but I would guess that because it is so riculously undervalued, there is suspicion that there must be a reason, and investors prefer the immediate gain of trading in EDE shares.
But eventually the underlying asset value will be realised and the share price will correct to close to its intrinsic value. I don't think the Solomon's are not too worried. Things are going pretty well for them. I'm happy to accumulate at this level of discount. Maybe they are too.
7.4 x 1.4 =10.36, page-82
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