IJTT was bumped a whopping 4.7%, from 0.46x book to 0.48x book. If the cash/debt/etc are worth 1.0x book, the TOB Price is 0.4x remaining book. If net receivables are discounted 20%, it's even lower.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.