Is it a SCREAMING BUY

Been watching BDT from the sidelines for a while.
Share price is at 50% of cash backing, The obvious question, IS IT A SCREAMING BUY.

My observations of companies in this position typically plays out by:
1. Active Investor moves in and releases the value.
2. Vulture Fund swoops on it for the cash.
3. Management Buy Out (MBO).
4. Take over target.
5. Hobbles along till it gets to ZERO.

I watched the Investor Update last week, the CEO was rambling an about Future Successes and Macro Economic Headwinds not addressing the critical issues, they are:
1. Why did BOLIN (camera supplier) stop supplying cameras, after all this is their business.
2. How bug is the claim against them In the Federal Court of Australia?
3. Why was the co-founder sacked ?
4. Why have sales dropped off a cliff?

This is all while the CFO sits there nodding like a puppet on a string.

I can't see an obvious take over opportunity on the ASX, but they do play in an international market, somebody may see the value but how much is at risk from the legal disputes (there are at least 2 from what I can derive).

I am sitting on the sidelines watching with interest, any insights would be appreciated.