The sell-off at the end of trading today really stretched the undervaluation to new levels.
KTE closed today at 0.041 This is 0.022 less than it's current value of liquid assets alone which I calculate to be 0.063
The current share price would need to increase 54.39% just to account for current cash/liquid assets ( totally disregarding all other business opportunity and solar technology owned by KTE).
I first purchased this stock 6+ months ago purely as a short term value play. But since then, rather than the value being realised, it has stretched even further.
What will it take for the market to wake up and apply correct value? It appears it won't happen without a significant announcement that draws attention and analysis of the fundamentals.
Anyway, I bought again this afternoon. And I continue to wait patiently.
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