36m cash no debt mcap 20m

How many other companies can you find on the ASX trading at 50% of their cash position?

Even without a capital return and lack of direction from management, this one is a no-brainer at current prices. (Lucky for me I have only just found IPR, otherwise I would've bought it at much higher prices thinking it was a bargain!)

Come reporting time, the market will catch up with this one... it always does...Or a larger fish decides they are happy to buy a dollar for 55 cents,

Whichever comes first.

But DYOR