Jan. 26 at 7:54 PM
$MXCT So this appears to be trading around below anticipated 2028 cash on hand.
The EV is considerably negative, and the company theoretically has enough cash to buy back all outstanding shares (assuming doing so wouldn't begin running up the price).
We are down around 30% in a month, with the share price setting new all-time lows.
Management is silent.
The company appears to be more valuable in a liquidation than it does if they continue operating.
Perhaps a take-private option should be considered, given that they have completely failed as a public company thus far.
Book value appears to be around the 1.70s...
I could see
$TMO $DHR or maybe
$LZAGF absorbing them for around 2-3 per share without even feeling the expense.
Otherwise, we need some exellent news from management asap.