It's worth at least 1 HKD
Few months ago, it was worth 1 cent.
Then came a reverse split in the ratio of 100:1. The price got adjusted to 1 HKD.
That's the true intrinsic value of this stock.
Sooner or later, it will trade at or above it's true value (1 HKD).
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73431864 : It's true value = (Assets-Liabilities)/Shares Outstanding
Go ahead and look up this numbers. The true value is a negative number.
73810387OP 73431864: Technically, you are right. That's how intrinsic value is calculated.
But I suggest, just wait and watch.