S i2i have US $20m net cash which is equivalent to S$0.005 cts per shares vs share price of S$0.003. The market cap is only S$16.5 m. which is rougly the price of a empty shell company. An empty shell in the main board is worth 10 to 20m. Si2i trading at 0.003 is really dirt cheap partly because of fear of pending consolidation which is uncalled for.
