lets do the math here. KTE 300 million shares. market cap at 2 cents is 6 million. they hold i think 500k ATOM shares. last trade ATOM was $12.50 US dollar.
500,000 * 12.50 = $6.25 million US dollar divide by .71c = $8.8 million aussie market cap.
sp should be 3 cents based on today close of KTE and its holding in KTE.
IMO the holding of ATOM shares by KTE should be treated as cash as if KTE wanted to sell its ATOM shares the Nasdaq market would gobble them up in about 5 minutes.
KTE has other assets including cash and technology.
this is dirt cheap
KTE Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
