So based on your numbers (quite viable based on prior assertations by the BOD) maybe $1.50 target worth per share - $600M potential income.
Apple has $50B in cash AND now have the "majority vote" BOD rule. Now there's a Headline we could have had: "PTSC beats APPLE to introduce new director algorithm."
Wouldn't Apple's legal department like to have some fun with competitors?
Simple deal - AAPL buys PTSC for $600M. Everyone's happy except maybe TPL. Our BOD cashes in their options but that's OK 'cos we all got $1,50.
Does Apple infringe MMP? If so, maybe $1.75 a share.