Why do ppl keep asking the question?
????????????????????????
It's the sum of the parts:
Shells are valued about $2m on the asx - but can be worth many times that with a good deal/ipo.
Cash is $1.5m
r&d tax rebate to come maybe $2.5m
So 2m+1.5m+2.5m = 6m.
Current mkt cap = 1.6m.
And 6m is much more than 1.6m.
