The cash is what's tangible. That's what I said earlier. Which is what you've said here. So you're agreeing with me. The cash banking is dropping like a lead weight as the company spend like drunken sailors. The SP is lower than NTAB (the cash) because of the lack of faith the spending will plateu or these guys will lift revenues in time to avoid another capital raising. The last one was a genius move and not too dilutive. You wouldn't want to hold before the next one. If the software was so revolutionary, they'd have more sales IMO.
1PG Price at posting:
16.0¢ Sentiment: Sell Disclosure: Not Held
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