Nah, in my opinion its a shell play in progress. Been going on for months. Accumulation at lower prices, clean out of the old BOD, finalising liabilities, raising some cash to keep the lights on. Market cap is still only around $6 mill, but was even lower at $4 mill not so long ago.
Costs more than that to IPO a fresh unknown business, so a reverse takeover by a healthcare play (to add to JCT, or at least be in the same industry) is what I think is on the cards. Then do a consolidation to clean up the register. Voila, a clean ASX-listed vehicle to start all over again. Its how XPE got on the ASX. Rinse, repeat. All imho.
Nah, in my opinion its a shell play in progress. Been going on...
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $968K | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24977 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 75000 | 1 |
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| Last trade - 16.12pm 26/04/2024 (20 minute delay) ? |
| OAK (ASX) Chart |
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