Ann: Half Yearly Report and Accounts, page-6

yes i believe the take over offer for 9c was in 2019 and the capital returned to shareholders was in 2020 or there abouts

tbh i dont think this really needs a lot of "life" it just needs stability which it appears to have, its generating near $1m of operating cash flow per quarter and its cash balance is growing by that amount each quarter as a result. the market cap is now less than its cash balance

$4m operating cashflow per year with $8m USD cash held, all for $9m AUD