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Has anybody done an analysis of the composition of the $4.79 book value reported at the end of 06/30? If equity was 36M and PPE was 15M, this could indeed be worth .97! If there were 7.5M shares at that time, does it mean that I can buy $2.00 worth of plant, property and equipment for $1.00?

I am only looking at a cursory sketch (obviously), but someone who has done the numbers might have lots of insight.

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