An Interesting Cash Shell

this stock, formerly known as soundtracs, looks a good one way bet - sold all its businesses and has 28p per share cash plus 2.5p per share in property in the balance sheet yet share price is only 21p. No debt. Bob Morton is a 10% shareholder and is assisting the 60% shareholder todd wells in finding a suitable reverse takeover acquisition. Sharecast states that they have already turned down several opportunities but are also in advanced discussions regarding the injection of a profitable business - less than 2m shares in free float means that when a deal is done which impresses the markets these beauties should soar. In the meantime while we wait it is reassuring in these uncertain markets to be buying a stock at a 25% discount to the cash in the balance sheet. A strong buy IMHO.