In answer to the question “is it worth buying any when it hits...

In answer to the question “is it worth buying any when it hits .001 again?”
Think of it this way
Current market cap = $5,000,000 at 2.3c
If this goes back to .001 the market cap of the company will be approximately $217,500 (5mill/23) or basically the market considers it worthless. The ASX would probably delist it before then and there would be no chance of getting any money out IMO.
More importantly, always check the financials (see below)
It looks like they have been taking out lots of small loans from what appears to be the financial equivalent of pay day loan sharks at annual interest rates of 36% to keep the lights on. (They state them at 3%/month in the hope most people miss the annual rate). Now these loans are secured against the assets of the company.
Further, the orange box at the bottom is important because it shows how many quarters till the company runs out of money, but this figure includes going a further $5mill in debt.
Now, if we go back to the top where it says “Total Financing Facilities” there’s the $10mill they should have used properly on the things outlined in the supplementary prospectus and they probably wouldn’t need to throw out loyalty options etc which now have no chance of getting over the line at current share price. IMO this is a complete disaster for shareholders and anyone hanging on for a miracle or to get rich from multiple bags should consider their position very carefully. Not financial advice just do your own research. It’s all there if you look.