Buddy cash on hand by end of July was over $37mil and should be...

Buddy cash on hand by end of July was over $37mil and should be still around $36mil left by end of September conservatively speaking and that will give you cash backing share price at ~24c.
Saying conservative because the assumption is the revenue has no improvement and cash burning rate is the same with previous quarter. If any improvement, we would see 30c on the opening.
IMHO