Agreed with above.
Claim is 737GBP $1.3bn AUD. 30% success award from Polish Govt (as won't agree to all 737m) multiplied by 30% to LCM for funding claim / litigation sucess fee - GRX effectively gets 70% of this reduced figure - say $250-$300AUD max.
Based on 254m shares o/standing implies ~$1/share of cash to balance sheet.
High level analysis - DYOR.
Ann: Arbitration Hearing Claims Against Poland Now Completed, page-10
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Last
86.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $241.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 1 | 1 |
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