What we need is confidence to come from someone in the industry who says “wow, look at what they’ve got” this would be most impactful as a take over bid at say 80c per share that gets voted down but disclosed to ASX. In that instance everyone will go “sh*t this is worth 80c” and we won’t have any more issues.
Just need someone to value it and the market will then re rate.
So anyone got an oil company and want to put in a take over bid?
IVZ Share Price, page-19509
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