hard for a company to go into administration when it has $2.4 mill in cash and its net cash outgoings are $164,000 per quarter. It would take 14 quarters of doing nothing to go into administration.
NTA is around .85 of 1c per share now. The rest of the value is in the public listing. 2c is as low as it will go, line up in the queue and be patient rather sharking newbies.
sandypeaches, page-3
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