It depends how you value it. From the balance sheet from the prospectus form the last CR, it is WAY overvalued at .4c !! - MC approx. A$11 Mil. It is probably 'worth' around 0.1c if that.
IMO the only value it has, is the experience/history of some of the BOD/management.
The question is, what is their end game if things go well ? will they delist and/or take it private, management buy out OR will it be the usualy failure & they just keep milking it for a salary. Hard to know, just have let it play out & see what happens ... or doesn't.
It is worth what people will pay for it & ATM no one believes, they just assume - probably rightly so on history - that it is just more BS/wet dreams. So based on the company/BOD/Management history, it is super high risk & people are seeing better/safer value elsewhere.
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