About 2 years ago I did some rough calculations based on many assumptions and my guess at the time was that IP assets were worth $2.40 per share. Since then lots of things have happened but if only dilution was factored in and all the other assumptions were right, the SP for the value of the IP asset would be in the vicinity of $1.40.
Has with all these matters, we all need to do our own research but I am with you; I don't think $1.50 is an unreasonable expectation.
BLT Price at posting:
37.5¢ Sentiment: LT Buy Disclosure: Held
