By looking at the financial statement. Roughly, we have 300M of CaExp and 100 M of Debt, which means we have net asset of 200M. Assign a 30% for liquidity, we still have 160M. Adding 44.6M of cash that will give us 214.6M of Cash. Our share outstanding is around 300M. On average we should worth around 71 cents in according to my valuation.

Key factor in my valuation is the liquidity discount, but I think 30% off is about right given in this down market since the CaExp reimpair every month anyway.