KTE looks to me like a no brainer investment - effectively...

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    KTE looks to me like a no brainer investment - effectively spending 50c to get $1.

    It’s a tiny company which has 3 things: a holding in a nasdaq company worth more than its market cap, the worldwide license to use that companies tech in the solar industry and some oil and gas land.

    ATOM Shares: $7.34m*
    Cash: $458,000
    Assets: $7.8m

    Share price: $0.013
    Shares: 300,657,151
    Market cap: $3.9m

    Enterprise value: -$3.9m

    Buying here is like buying ATOM shares in the US at a 50% discount with the chance of a solar technology deal icing on top of the cake.

    —-

    Notes:
    • Cash burn of only $17k per quarter so 27 quarters of cash left.
    • *583,846 ordinary shares in Nasdaq traded ATOM currently trading for $8.76usd per share or $12.58aud.
 
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Currently unlisted public company.

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