Yes, looking to take a small position also.
Problem is there is a hell of a lot of uncertainty in attempting to value it.
Cash on hand looks to be $31M and although they are reducing head count and cutting costs elsewhere the cash burn is relatively high especially with potential asset sales reducing revenues.
End of the day it is the old 'risk vs reward' and if it goes to say 10 cents i reckon its worth a 'punt'.
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