Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-21

Problem is that they really don't have the product range - or even asset base - to attract any suitors.

Management has not stuck to a stable business plan and keeps changing the focus of the company. No one knows what the company stands for now.

I was going to comment earlier that I was surprised the people were prepared to pay 1.3 ents a share but then realised it had started the day at 1.2 cents. That is about as low as I have seen the SP - which is now just 20% of the value at the time of the LSE listing in the UK.