which is lower than Becker Drapkins cost.
But, best case scenario is they keep their $6.99 million in cash and add the $16 million to it.
Thats $22.99 million divided by 21 million shares outstanding= $1.0947 per share.
And thats assuming they didnt burn any cash since yahoos information and they probably did.
But, I guess they would have some NOLs so Becker could find something to merge it with.
no official report since 3q but the 6.99 does not include the 12.4 from the food sale. Puts the total at 35.4. They burn about 2mm/q so lets say 31/21 = $1.50/share
Do you stand by your $1.50 now that the 10q came out on 5/15 ??
I like your way better !