Yes but the company also has a $13 million related party loan, so I subtract that amount from the cash held.
However if they have made the same amount of profit in the last 6 months of 2015 as they did in the first half i.e. USD 6 million - and there is no reason to see why they wouldn't have - yes 40 cents Australian probably is less than cash backing.
Yes but the company also has a $13 million related party loan,...
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