That's true if you completely ignore the regulatory issues they have had and the current class action.
I actually do like the proposition though to essentially pull the current market cap out in cash and let the rest ride in a division that once the current state of affairs is cleared up "should" have a good future.
Ps: still not ready to buy yet but I've been watching, just not posting for a while, the posting has started and possibly soon the buying will also, I've been smashed by TGA before though so a little hesitant.
TGA Price at posting:
58.0¢ Sentiment: Hold Disclosure: Not Held