T great analysis ,so basically at closing bfcf is way undervalued and bxg at least 30%. These are not bank stocks anymore yet the street until recently was low balling bfcf. Whats the estimated closing mkt price pop when bxg closes.bfcf taking time on this closing complicated by bbx funding the deal or maybe a late offer.? Take iman.
I forgot to mention the earnings and NBV #s came from a recent SEC filing I found thru Fidelity. The per shr look is quite telling for BBX! There was also another BXG filling that had an Appraiser's rpt. That valued BXG shrs between $10.20 and $13. So that could be yet another 30% for BFCF!