You'll only get 'em at 60 cents if you don't want 'em--for example, if the BOD decides that 32 cents per common share is a fair price and rounds up enough support among the common shareholders to ram that price through!
You're not going to get any at that price, so put it to rest. (I'll be certain to be on the bid at 61 cents, just to thwart you.)
Real investors don't play games. This company has done a lot, just in the last few weeks, to dramatically increase the value that remains for shareholders. The notion that you haven't changed your viewpoint shows that you are a rank amateur. Imho.
You're 100% full of it, and that is especially proven through their sale of the 3 stick assets, and fact that they are waiting to sell LA for $110 million.
Would love to see your math.
Where does your common equity claim to the EMMS assets fall. Hint: Last Sure there is value in EMMS, its just not in the common. You don't need math to understand that. If you want an explanation, have a CPA review the EMMS statements and tell you what they think.
The debt holders, not the equity holders are the ones that have their eye on these valuable assets. I am not saying there is no value in EMMS, I am saying that its not in the pieces of paper you call equity.