Fundamentals Are Strong, page-229

It depends on what we see as MYX value.

As raised in other posts, MYX share price from $2... or from $1.40 to $1.50 before the Teva announcement was when it had 810m shares outstanding.

Its current share price now is at a market cap with 1.5b shares outstanding.

So you can do the maths and see that at this "half price", the market has actually increase its valuation of MYX since Teva, not crashed it.

If you count at the $1.40 it's an increase, from memory, of some 30% in market value. If at $2, its $1 now represent about the same market cap.

So for MYX share price to be under valued at the moment, you're saying it's supposed to be worth more than the $1.5B company it is and was a year ago.