Originally Posted by Backpacker
If I buy into group A, I get a 1/4 share of the aircraft, valued at 20.000 euro, and I get a 1/4 share in whatever the other assets are of the group, meaning 1/4 share in the engine fund. So a fair value for this share would be 5625 euro (1/4 of the airframe + 1/4 of the engine fund).
If I buy into group B, I only get a 1/4 share of the aircraft, but no share in any reserves because there aren't any. So a fair value for this share would be 5000 euro.
However, it's a buyers market:
Group A = 5000 Euro
Group B = 4375 Euro