I don't see it wrong, if it is in fact $ 500 mio (I guess they meant $ 500 thousand and it's a typo) - because then it would mean, someone valued the IT assets of PTSC with at least half a billion!!! And that would be great!
But as I said, I guess, it's a mistake and he said $500.000 instead of $ 500 MILLIONS.
GLTY