Originally Posted by notEnuf

If you divide our share holders equity by the number of outstanding common shares from the 10K, each share is worth roughly $24. Delta would have to trade at a level significantly below that to extract value by dismantling. Our large share holders, Berkshire, Vanguard, PRIMEcap, Blackrock, and all the other mutual funds holding a significant amount would have to either sell or be in on it. I don’t see this as likely.