Comment by
Capharnaum on Jun 19, 2022 3:08pm
Quarterhill has a cash position net of debt of around $35M. This means that at the current market cap, the value of IRD, ETC and Wilan is just around $175M. It's going to be even more laughable if they can get $100-150M for Wilan.
Comment by
v_guerriero on Jun 19, 2022 5:16pm
Paid 60M for IRD - huge premium to market 75M for ETC equity (the rest debt) massive premium to align cap purchase price WiLan is worth 0. VHC is worth -100M below cash.