I can’t see how the market value can be anything but higher than where we are.
4million I’m cash with 2-3 expenditure. Let’s call it 2.5 with some rebates coming...
As has been previously pointed out some 60million in tax losses make for an attractive takeover for a medical company with company tax payments to write off.
Also still have patents and ip which may appear attractive to another major wound care company.
A buy out of 10 million may not be out of the question. So this equates to around 1c in my opinion.
I think is at least a 5bagger from here.... hopefully!
FTT Price at posting:
0.3¢ Sentiment: None Disclosure: Held
