Undervalued

[#1]

This share seems to be about 10% under what it should be. Is this because of the recent "Consolidation of share capital"?

[#2]

You seem to have a pretty specific opinion of the exact price this share should be? High debt, and almost no asset base to cover the debt. It's NAV is all made up of intangibles. Not my cupatea.

[rsalie]

The opinion (and I thought so too) was based on the share consolidation. Around 8c before and around 65c after (10 for 1). I suspect that they are going to issue more shares now that the share consolidation was done.

[#4]

but 10:1 on 80, shouldn't that be 80c untl new shares are issued??i