Ann: Market Update, page-49

I would be surprised if this doesn't hit $3 before the end of the month, if it gets under $3 it would have to start looking appealing for another fund management group to try and take a piece and launch a takeover - or an activist shareholder group to force a management change. That would be a market cap of circa $240 Mil

They still have a number of funds under management generating ok income plus circa $100mil in cash (or so). It will start to look interesting.