Why would you buy TIS ?, page-4

At current MC the stock is trading at a ~3 million dollar premium to the amount of cash it has in the bank.

In theory, that means the value of Vitrogrow is 3 million dollars (going on current MC).  As I recall, the IP structure with QUT means a buyout of the company cannot happen. If anyone knows better, I'm absolutely happy to be corrected.

When you get companies trading at or below their cash position, interesting things happen

The problem is, in order to add more value to the product, a lot more more cash is required than the 7 to 8 mill they have in the bank.  That money is just there to keep things ticking over.

Since I sold out at 10 cents, the price has further declined by 66%.  

I'm interested in buying back in (I'd triple my holding) but there is still a requirement for a cash injection. That has to come from somewhere and that's not clear.

So I'm changing my sentiment to Hold on further news.