Next shell for acquisition, page-14

Picked up some more this week as well myself, after re-crunching the numbers to make sure I wasn't missing something.. Well done if you managed to grab some at 3c, that's incredibly good value in my opinion.

• Fully diluted 127 million shares = Market Cap of $4.1 million at 3.3c
• Cash at 31/12/15 = $4.1 million so its now trading at cash (
  the options are all miles out of the money, so realistically the market cap is closer to $3.9 million)
  

Not to mention the tight structure, unlikely consolidation as the price is well above 2c and estimated cash outlflows for the next 3 months of $100k.

How long I guess is the question but at some point surely something has to and I think it will be unlikely to trade much below cash given its relatively liquid (compared to some of the odd cash boxes which routinely trade under cash for years because no-one wants to buy any).