Mar. 24 at 7:30 PM
$LOGC |
$8.15 OTCQB
FTI pegged the NOL value at
$2.87 to
$13.48 tax-effected. Undiscounted?
$23.84. That’s before a single operating asset is counted.
They just closed a
$907.5M acquisition of US Salt. First pearl.
$2.9B in NOLs ready to shelter every dollar of future cash flow.
Here’s what’s interesting. Insiders never bought the underlying parent. Not once. Not during the buyback that never materialized. Not when the old assets were still breathing. Now? They’re buying.
Take that with a grain of salt. Or maybe the whole mine.
Can a company that used to grant wishes reinvent itself as a de novo business ownership platform? Or is this just another wish?
OTCQB is a waiting room. Relisting unlocks the institutional wall. The story didn’t die. It just changed its name.
Old wish. New salt. Insiders know something.
https://share.trendspider.com/chart/LOGC/9499350clui?_go=anonmav