Market CapThe current market cap of EPL is $13 mill.
Their assets exceed this.
Often wondered (during past few months) if another entity could take a run at this company, let's say $20 mill bid. It would be interesting to see how many shareholders might accept that.
Always dangerous letting a share price languish especially with all the take-overs, acquisitions and mergers going on !
If Terralogic turns profitable in a meaningful way the remaining payback, for a bidder, of approx $6 million over assets wouldn't take long at all.
A stock trading low with multiple assets is always a potential target.