They seem to be on track for July 7 relist (fingers crossed emoji)
Assume a MC on relisting of AUD$600m, with 1.593b soi (assuming SPP taken in full) gives a share price of around 37c.
If taking a slightly more conservative valuation (eg diamond prices falling from 2022 levels), might be closer to 30c with a MC of perhaps around AUD$500m.
Still above the 25c raise price and generating profit
Ann: Re-compliance Prospectus, page-4
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.1M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.5¢ | $53.92K | 288.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28874 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 272449 | 3 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| BDM (ASX) Chart |