That sounds about right Hotfire - $4.4m spread across 245m TXN shares on issue makes it worth 1.8 cents per TXN share, or 4.5 cents per TXN2 share (as there should only be 98m of them). So currently TXN2 shares are priced at about half their book value...? At least it is something. For the last couple of months it has been worth nothing.