Good call - I think the possibility of at least getting close to $5 - e.g. $4.40 - is pretty good, before the next NR. I'm sure you're sure right about issuing a NR before the next results - they have a consistent track record for doing that.
One good thing about splitting into 3 companies is that you usually get premium, in the total, over what you started with - the sum of the parts is greater than the whole, initial stock / cedartree