1) Well that is how the market valued RFG when it MC was at $1B+ but no doubt there will be significant downsize of the company which will affect how the market views it MC value, hence I see it around $300M (i.e. 1/4 of what it was) once everything settles down.
2) Depends on the pending master revenues even if they are not significant, I think their gross profit still looked good so I don't think a CR is not need in the short to medium term (i.e. 6-12 months), in that time they need to recover the pps to make it attractive. If they are significant, that's even better.
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