On Yahoo: "Book value and tangible book value per common share as of March 31, 2013 were $0.32 and $0.30, respectively."
That was in their Q1 report due to dilution. The report was bad but it also implies a reversal.
How are they going to minimize the dilution from the 105 million shares outstanding, and how does dilution imply a reversal ? Thanks for your insight.