RE:RE:144700 @ 1.45I largely agree with you. Certainly the value of the sum of the parts (less liabilities) has to be far more than the current share price. So, in that sense, for sure it would be crazy to sell.
I guess the rationale for a pessimist on this story would be that there have been some substantial misjudgments on the part of board & management and that, therefore, you can't trust them not to make more misjudgments.
And, you know, I have Bay Street friends who I could call up and try to pitch on the Quarterhill story. But I don't because I know what they would say. They'd look at the results and tell me Quarterhill is run by a bunch of idiots and they don't invest in companies run by idiots.
And I've known companies that look cheap on paper but you do NOT want to invest in because they will find ways to reduce the company value--often until there is nothing left.
This is not my view of Quarterhill. I just mention all this to show that there is an argument (aside from needing cash) that could inspire one to sell their Quarterhill shares.
I'm of the view that there are actually a lot of neat parts to this story and their value will likely be reflected in the share price in due course. And I'm content with the leadership--though I'd add I'm not crying over the upcoming retirements from the board.