financial case for liquidation

The company has a touch over 12 cents worth of cash per share (dividing the 6 million in cash by the 49 million shares on issue) plus another 2 million worth of recievables and no debt meaning jmb has roughly 16 cents per share worth of current assets (presuming the actual business is worth nothing)surely the company must justify how continuing to trade at 4.5 cents per share is a better optionfor its shareholders (whilst paying no dividend)than liquidating the company.