market cap only 6 million

Amazing that the market cap is still only $6 million.
Most value an ASX lisiting at $5 million, so basically it is trading at a 20% premium to 'nothing'.

Another share I hold is RMG which is a recapitalisation which is basically an empty shell at the moment, but at least it's market cap is $11 million.

Surely any good news will see this fly, or else a takeover/backdoor lisiting looks more likely.