I don’t query their MO. It’s pretty obvious. Buy at cash backing, hope the current management do a good job to lift the share price and sell at a profit. Alternatively, if the business goes south they can move to take control of the remaining cash more easily than any other group.
It’s a good low risk strategy.
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.211M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
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