Tikro is an inactive company,
Market Cap: 9.13M
As of March 31, 2005, the Company had cash and marketable securities totaling $9.7 million, and receivables owed by STMicroelectronics amounted to $146,000, which were collected in April 2005.
The meaning is that current price is equal to cash value.
(give or take a couple %)
Cash burn is close to zeroe,
(Tel Aviv, Israel, May 19, 2005 — Tikcro Technologies Ltd. (OTC BB: TKCRF) today reported results for the first quarter ended March 31, 2005.
Net loss for the first quarter was $20,000, or $0.00 per share. )
The company main shareholder is ORCT (notice Tickro is Orcit
in reverse, intentionally so, although not identical.
F stands for Foreign).
At a certain point of time in the future some change will be
done.What/when i do not know, i only know that there is some
activity behind the scenes which may develop positively.
At 38 cents or so, it cannot go wrong(i paid 40).
ORCT management did wonders, hopefully TKCRF will follow.
Not a boatload, but i will be waiting with my stake till some developments unfold (or not!!!)
No price target set yet.
Dubi