"Vsberlina, in this market there's no value for cash if you only...

"Vsberlina, in this market there's no value for cash if
you only have cash burn. Heaps of small caps trading around cash backing."

Neo,

Very true. I have a list of stocks as long as my arm that are trading below cash. But this is at 0.001. Can't get any lower (unless they consolidate).

Also, the MC is a lot lower than the other stocks I know of. Usually, the magical buy of 0.001 is for stocks with billions of shares on issue already.

Just seems weird and out of the ordinary. Unless the insiders know there's about to be a 5 for 1 CR (or similar) and massive dilution is imminent.