This is close to an absolute no-brainer at these levels. Whomever is buying at $0.015 will make a killing IMO.
$1.6m+ cash (I thought they might get $200k-$300k for R&D so good job
Market cap $2.246m
EV excluding liabilities $600k+
Burn of $30k-$40k per month (cash balance at current burn will last for approx 4 years)
150m shares on issue (quite low for a shell)
This will explode on a deal esp if it is cash flow positive as not many shares on issue and very low market cap. Would think it is worth at least $10m on a deal which is about 4x from here.
Options are also, pardon the pun, a good option as relatively long expiry to July 2020 (2+ years). Should have a deal stitched up by then. I'm hoping by end of this year.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.246M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $10.10K | 3.496M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2009900 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 6197789 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2009900 | 0.003 |
24 | 15549143 | 0.002 |
8 | 15900000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 6111169 | 14 |
0.005 | 5924549 | 15 |
0.006 | 4846340 | 7 |
0.007 | 509874 | 2 |
0.008 | 986203 | 5 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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