Seems something looming....sell orders being pulled and buyers...

Seems something looming....sell orders being pulled and buyers stacking up.... badnews more than factored in....trading at 57mil.... Dec cash in hand was 61mil... Say cash in hand 35-40mil end of june to factor in negative 2HF.... Business value is less than 20mil..... it was worth over 500mil just less than 12months ago..... So current prices the value is there.... Big factor is no debt, but its getting treated as a heavily debt company... Very vulnerable for a 50c takeover.... Dyor