No of all securities Quoted on ASX is 37.3M
No of all securities Not Quoted on ASX is 17.9M
Last Quoted price of .115 x 37.5 (Quoted Shares)=$4.3M Market Cap
x17.9 (Unquoted Shares)=$2.05M
So we have a market cap as of Close yesterday of $6.35M inclusive of all Shares with $4.5m cash at hand and an APP that is the TOP 20 most download apps on the iTunes stores and 6th in the USA.
Sound like a bargain to me..
Notice of Sub Holding in July
3.4m shares purchased by Wishny between 14 Dec 16 & 05 July 17 for the value of $419 752...Quite a hefty investment one might say....
HMO Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held