find a juicy acquisition to increase shareholder value of course!
Recent director buying at 5c and the increase in the buy stack with bidders presently at 5.3c suggest they might even be on their way to do that. Of course, its probably much more mundane.
With the recent receipt of the sale cash, we are once again below cash backing!
Over a million of neg EV! Talk about a value trade...
From last weeks announcement:
cash value shell with $1.8m nett due in Dec, page-9
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