what IP? which patent?
I'll bite if there is a reason because if I can buy at 0.2 to 0.3c and sell at 0.5c that is a great return.
they have very limited cash, no inventory (!), or other assets. they lose $3m a year and haven't had a single real sale (total sales are under 10% of costs i think) since the founder left. if they don't end up in debt I think the shell could justify 0.2c a share. maybe more?
you'd think if anyone really wanted them they would have spent the $3m and taken them over already.
ANTX 2019, page-39
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Mkt cap ! $5.505M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 731313 | 2 |
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