According to Nexant's February 2018 valuation, the plant alone was valued at US$49.5M (book value), while the intangibles were valued at US$4.04M.
However, the intangibles there only comprised of Cargill & Davy license agreements, and did not include patents, R&D, trade secrets, & contracts.
So when (some) people keep saying over and over again that the buyers bought the whole company for US$4.3M, I LOLed real hard.
That and the fact that LCY bought the inc. From Naxos for an undisclosed amount, make me LMAO more.
To me it looks like PWC intentionally put out that low figure to protect themselves against future complaints. That number is an implicit statement of "If you can't see the forest for the trees, then we can't help you."
