is anyone out there ?

Just wondering if anyone else is following this stock?

Has not set the world on fire thus far but would seem to offer some value at the current levels (based on cash backing).

Has this any genuine potential or is it just another case of the 20-30 million shares on the ASX paying large directors fees for the next year or two ? I note from the cash flow reports that a lot of people managed to do well on paper from this float.

Thoughts?