Hi all,
this last traded at 0.004 at roughly a $2m market cap. Cash in bank according to last quarter was $400k.
The company has $3.22m (AUD) investment in Loyyal which may have gone up in value (with facebook entering in the blockchain ecosystem this surely revamps interest in this space again + bitcoin and the alt market is picking up speed again)
That's a net assets backing of $1.6m (AUD) at worst. That is assuming Loyyal has not gone up in value at all.
What are peoples thoughts on the above. Am I missing anything?
Excellent Value
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $1.411M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $33.13K | 10.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 40891626 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 6999505 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| 1TT (ASX) Chart |