So 6 cents in the bank, no debt, and net assets (real stuff) of ~ 8 cents. Don't expect they will make a loss in '09 so why trading at less than "real" net assets?
In a trade sale scenario, there would have to be $5 - $10m pa that could be taken to the bottom line.
Just another irrational share price!
Any thoughts out there?
So 6 cents in the bank, no debt, and net assets (real stuff) of...
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