How much should we value the business at? If we're a ten cap investor, we want to buy it at a ten cap, how much should we pay for this rigt? Right? And the answer might seem to be pretty obvious. Well, it's got a billion dollars of owner earnings, and we just did the math, it's ten billion. But it isn't ten billion any more because something has happened here. Yoow. This is actually pretty standard. Is is not weird anything you're saeing. Ok, so now a let's take the company public. Now that we've done this and it's now available to be purchased in shares, in partial ownership

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