$9m market cap is too low. They should be able to flog the embedded business for $25m-$30m, given that it will be profitable in 12 months or so.
Having said that, they could cut costs future by cutting the CEO and chairs salary back to a reasonable level.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.74M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 365028 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 408 | 1 |
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