PLTR "IF it does not make sense to buy the whole company, it does not make sense to buy a single share."

Michael Burry (love or hate) released yet another PLTR post. In the comments I found this pretty succinct comment and wondered what everyone else makes of it? >On valuation, if one had the capital to do so, one could purchase PLTR for its current market cap of, say $330 billion and receive something like $2.2 billion (TTM operating cash flow). >Alternatively, for that same $330 billion, one could purchase 100% of the following 2 companies & 85% of a third company: 1) Lockheed Martin ($150B market cap) + 2) General Dynamics ($94B market cap) + 85% of Northrop Grumman ($100B). Those 3, combined, produced roughly $18B in operating cash flow TTM. >Granted, this is not the best comparison but is illustrative of the literal price PLTR “investors” (buyers, speculators, gamblers) are paying to be in this name. To my outdated mind, it makes far more business sense to receive more operating cash (in this comparison, 8x more) than less. 18B OCF / $330B purchase price is only about a 5% OCF return (before capex requirements). As low as the 5% is, however, the return to PLTR investors at the $330B purchase price is about 0.6% (again, before required capex). >IF it does not make sense to buy the whole company, it does not make sense to buy a single share.