Interesting isn't it how Elkayam, Segal et al consider the company 'undervalued' at 1.1c. Yet will not buy those shares on market at 1c, don't you think? I guess, why buy on market when you can just keep issuing in-the-money options and take fees instead? Maybe it is only undervalued for chumps?
Of course Nasdaq is going to tank hard now and volume will dry up as arbitragers will no longer be able to buy on Nasdaq and dump on the ASX.
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