Insanely cheap, page-7

It’s insanely cheap if the blockchain deal holds value near term. It’s hard to really claim that though when anything about it it is yet to be seen. Sure the cash to market cap is attractive but a board member selling stock into it says 2 things imo - firstly he wouldn’t be selling into it if he saw value greater than what it was and if it was anywhere even close to termsheets he would have been closed out & unable to trade.

I still think its a good punt on CaB for risk savvy but has dark clouds hanging over it now imo and the deal is not as close as assumed.