Current price is nothing surprice for CTM type of company, down...

Current price is nothing surprice for CTM type of company, down 50% from the listing price. Its current market cap is about 7.9 mil. 10 mil KPL shares are worth about 3.8mil (current KPL market price, it may be 1.5 to 2 mil if sold as a shell company for a backdoor listing company(correct me if not right). That is 5.8 mil, leaving ~2 mil for CMT's rest of asset. Current cash holding is 2mil. So asset value is zero if CMT closes today. At this price, I believe CMT is ultra low risk, long term buy and you have to believe this company is going to do something along the way which may generate some shareholder value. Just need patience. It is very good entry point if you are interested in small oil and gas company with good potential.