I don't get I, huninni. Since when is cash in the bank worth...

I don't get I, huninni. Since when is cash in the bank worth anything to shareholders unless a) they distribute it to shareholders, b) there is a t/o for the company as a cash box, and c) they use the money to buy a new exciting project or advance (meaningfully) their own project?

It is unlikely any of the above three will happen, given this lots inabilities. More likely the cash will be frittered away on director's fees, yet more legal actions, and the odd MD's lunch. So why use cash backing as an argument to buy?