The research and development is pointless unless it flows through into earnings. If they're doing it solely for tax benefits then it stupid..
All it done is increase depreciation and amortization.
It definitely undervalued currently but unless they show some purpose with their r and d investment they deserve to be trading this low.
Ann: Half Yearly Report and Accounts, page-18
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.35M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 182 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 316774 | 2 |
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