Genco Shipping & Trading Ltd. (GNK) net assets per share of $ 26.83, the earnings per share of $ -1.56, corporate stock price of $ 3.55
Not counting the value of the portion of the corporate growth valuation is as follows:
The bid value of up to $ 13, the price is higher than the stock price of $ 3.55, with a good margin of safety.
The offer value ceiling of $ 24, $ 3.55 higher than the current stock price.
The black spider Fund website enterprise value assessment