Create your own Quarterhill share for FREE Buy 1 share if VHC. It is trading $70M below cash on the books. No debt.
Buy 1 share if REKR. It is trading only $20M of above cash.
The blend of the two companies is trading well below the value of cash.
You have created your own synthetic Quarterhill share at the equivalent price of $0.80/share.
BONUS: You don't have to pay the corporate overhead expense to manage the cash.