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KTE k2 energy limited.

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1.9¢

nothing new there, but good to see the figures again.....i'm...

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minoil

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08/07/20

09:52

Post #: 45714567
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Originally posted by dunjo ↑

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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nothing new there, but good to see the figures again.....i'm sucking them up while ever someone wants to bail, the disparity will be fixed one way or another, and the value will be released
KTE Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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nothing new there, but good to see the figures again.....i'm...

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