Btw, has anyone taken the effort to value the legal liability?
60 million shares bought at $0.95
Most people probably sold around $0.20-$0.40 cents.
Say the average loss per person was $0.65 cents per share..
This is $39 million...
But they will probably settle at around half of this so say..$20 million is lost...But if you take the figure of only 8% cases being successful, the liability is like $3 million...
The company is still good value with its massive pile of cash and bauxite tenements...AUD crashing, Coalition to be in Government, Carbon tax thrown out...
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bau back on imf's web page, page-9
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Mkt cap ! $7.328M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $1.212K | 46.60K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 5348 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.024 |
1 | 98539 | 0.023 |
3 | 190000 | 0.020 |
1 | 55500 | 0.018 |
1 | 60000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 5348 | 1 |
0.026 | 3397 | 1 |
0.027 | 180068 | 1 |
0.030 | 319938 | 4 |
0.032 | 127400 | 1 |
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