I've concluded you guys just dont know math. BNC has 480,000 BNB tokens = 624 million (1300/token) **They ALSO have 77.5m in unencumbered cash. BNC's current Market cap = 469.7m (10.9/share) That's right...BNC is STILL 25% below NAV. If you're too lazy or stupid to do the math, @Blockworks_ even provides a free treasury dash: https://blockworks.com/analytics/treasury-companies(CryptoCondom)