"Wouldnt that mean that the company assets on its own is worth 1.95cents so if the company were to go in to liquidation that the shareholders would atleast get in return for their shares what ever the NTA is?"
IMO if they were to liquidate the answer is NO.
The 1.95c is old and it continues to drop every day. (Cash flow negative)
I think it would be very likely there would be write downs in the value of there assets.
Also there are cost to pay out contracts, redundancy, legals.
So I do not think you would even get the .007 back.
"Wouldnt that mean that the company assets on its own is worth...
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58.5¢ |
Change
-0.005(0.85%) |
Mkt cap ! $105.3M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 60.5¢ | 58.5¢ | $29.39K | 49.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 128413 | 58.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 5000 | 1 |
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