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Can someone explain why this stock is trading at $0.09? It's...

  1. Dancing
    5,215 Posts.
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    24/11/14
    22:49
    Post #: 14345595
    Can someone explain why this stock is trading at $0.09? It's worth nothing... Its book value is only $0.01!

    Net assets of 4.9M, 470M shares on issue, and it always makes losses.
    Last edited by Dancing: 24/11/14
    MNW Price at posting: 8.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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