current debt is $420 mil, current asset face value is $566 mil. Which works out to be around 80c per share on face value.
Current NTA is 36c, If MXQ decide today to liquidate all their assets. Each share will be worth 36c.
current share price on market is 6 cents.
I do hope management decide to liquidate all the assets soon and return value to shareholders. But then again, why would they that? when they can make money charging admin fee and more fees.
MXQ Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held