Dear Taboon, Let me respond to your question in regard to...

Dear Taboon,

Let me respond to your question in regard to MarketCap of ANS compared to SDL by going through the balance sheet of ANS relative to SDL at 30 June 2017 and MarketCap at 12 Sep 2018.

ANS
Total Assets of ANS at 30 June 2017 are equal to $5.7 million
Net assets (equity) of ANS at 30 June 2017 are equal to only $2.5 million
Market capitalization at $0.017 per share with shares outstanding of around 5 billion at 12 Sep 2018 is equal to $87 million.

Market value of equity (Market capitalization) to book value of equity of ANS = 87/2.5 = 35 X

SDL
Total assets of SDL at 30 June 2017 are equal to $169 million
Net Assets (Equity) at 30 June 2017 are equal to $67 million
Market capitalization at $0.005 per share with shares outstanding of around 8.3 billion at 12 Sep 2018 is equal to $42 million
Market value of equity (Market capitalization) to book value of equity of SDL = 42/67 = 0.63 X

SUMMARY
-Market value of equity (Market capitalization) to book value of equity of ANS = 87/2.5 = 35 X
-Market value of equity (Market capitalization) to book value of equity of SDL = 42/67 = 0.63 X

Taboon, please give your comments after knowing the above facts