"big boys" aren't going to bother touching this because the market cap is too small to make any real money on it.
You can't pump a stock in the middle of bankruptcy -.-.
"real-time net assets", or historical book value? If you take the ENTERPRISE value of the company + an acquisition premium it would be way too expensive.
I don't think a large div is the best way to utilize their capital (the equity hasn't even been rewarded for it), plus is it even sustainable? They should be repurchasing the convertible debt.