net tangible asset-three times the share price

  1. 163 Posts.
    Hi all,

    Can someone please enlighten me here on what I am missing here.

    The most recent INL announcement (Appendix 4D released 25th February) mentions on the last page that the NTA is at 1.95 cents which is ALMOST THREE times the current share price of 0.007.

    Wouldnt that mean that the company assets on its own is worth 1.95cents so if the company were to go in to liquidation that the shareholders would atleast get in return for their shares what ever the NTA is?

    I may be totally wrong here which is why I am asking for anyones opinion/thoughts.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
32.0¢
Change
0.005(1.59%)
Mkt cap ! $60.82M
Open High Low Value Volume
31.5¢ 32.0¢ 31.5¢ $7.632K 24.14K

Buyers (Bids)

No. Vol. Price($)
1 21377 31.5¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 9482 1
View Market Depth
Last trade - 15.02pm 15/09/2025 (20 minute delay) ?
SDV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.