Undervalued

It does not take a brain surgeon to work out THD is severely undervalued.
Currently with an EV of $1.8mi,  Cash at $3.2Mi and a $5Mi mc.
With all underpriced and low smaller caps, they can be spooked by negativity here, as was shown early today afetr a number of very negative past holders tried to say the 4C was worrying.

Well in reality, the company is in s very strong financial position, given they only bun through $600k per quarter and hold $3.2Mi. They have some extremely inovative products that can turn into a cash cow in the blink of an eye, but more importantly, they may well be looking into a resource project.

I form this view because of Mr Jason Peterson from Celtic Capital recently becoming a substantial holder with 62 million shares @ .004c for $250,000. Jason Peterson (Celtic Capital) are well known in the stockbroking industry for their amazing timing and midas touch, and i would not be surprised to see a Lithium or Vanadium/Cobalt style play.

Of note was the swoop of the .003 today so anyone selling out now and deciding it was not a good move will have to pay higher( 25% higher).

A 10K investment will get a prudent punter a juicy 3.3M shares.. That is a honey pot if i ever saw one, especially the Celtic Capital Jason Peterson recent play here.
drifta

http://imagesignal.commsec.com.au/d...nZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZmRlbGF5ZWQuanNw

http://www.cpscapital.com.au/team/