Ann: Quarterly Activities Report, page-6

This has certainly been an interesting one! Autohome have not 'walked' yet, even after long discussions and looking at the books. So I feel that there is certainly something in this. The price might get adjusted, but I feel it would still be well north of 30c (IMO 45c would get my vote) as ICQ now have a good foot hold in Asia.
So as a LTH, I shall hang on. There is limited downside, IMO