RE:ValuationThanks Gudisgood. I've done that same thought process many times and have come to the exact same conclusion.
I also like to think that if you subtract the cash and investments from the market cap you get around 300M which would pretty much double your yield to 14-15%.
Assuming they can invest cash at similar returns, that's what return we can expect over time. Add in efficiencies and it increases the upside.