In my opinion it is still worth very little.
The recent sale of ? 10% of its mortgages just demonstrates this...
They got ? 97cents on the dollar.
They have (? how much) outstanding bond debt, and that nasty HOOPP loan...and still have to pay interest on the $12 Billion of GIC's....never mind somehow replacing them as they come due.
Do they have $3-4 Billion stashed away somewhere in cash ??