RE:BlackBerry could wind up with over $4 billion in cashThats good news.
Presently cash and Investments $2.569B
Watsa loan plus Tax refund about $2B - thats about $9.00 cash per share.
Well these Analysts are calling for a cash burn of $500M Quarterly going forward.
They based it only on the last Quarter cash burn of $500M.
Even with this huge cash burn, Blackberry cash position is up year over year
Q2 2013 $2343
Q2 2014 $2569
It also seemed like the Government stepped in and stop Blackberry from selling out
with a promise of an early tax refund
( Thanks to Proud_Canadian for harping at Harper)
We are seeing now all those potential Bidders complaining about the sell off being halted.
Cleary Blackberry is worth over $9.00us