can you explain why this looks cheap, if we took your figure of $2.5 million cash after selling everything, and I will be generous here and allow you this figure after cost of selling assets, Barnabys redundancy etc.
Take. $2,500',000 divide it by shares on issue of $1,597',064,508 and you get a figure of just under $0.0016 or .16 cent, last sale was .2 cent.
what am I missing in the cheap part. Even the tax losses go if they change strategic direction and their is a significant change in ownership.
I have not looked at the OTE board for a while, lost a lot after holding for years . Nothing seems to have changed since I sold. Income does not even cover 1/2 of admin costs.
OTE Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held