Agreed Mak, Hence my comment regarding the company tech (IP) and potential revenues currently being worth very little according to the market (i.e. how the market is currently valuing the company).
Still, $20mil in the bank is a lot better than an impending CR - Imagine what the MC would look like if that was the case so I disagree that the money in the bank has no bearing on company value.
Hopefully the new board and CEO can put that $20mil to great value accretive use.
Mafew
Imo dyor
Risk Return, page-16
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0.3¢ |
Change
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Mkt cap ! $7.923M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 52 | 92468918 | 0.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 76402411 | 25 |
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