The real estate plan just got simpler. They no longer have the expense of relocating an electronics factory.
As of Dec 31 cash balance was $270.3 million on roughly 45.3 million shares. If my numbers are correct that is $5.97 cash per share. Subtract the cash and that means the market thinks the entire business is a losing proposition. At a share price below $6 the market is not optimistic about the future of NTE.