$180 million USD valuation for assets as per CPR report in January.
thats approx $260 mill AUD
takeover interest should be around here.
but lets say half that as worst case scenario/starting point of negotiations that’s $130 mill AUD = 10/11c per share.
current sp 2.5c
4 bagger minimum up to 8 bagger.
buying in the 2-4c range, absolute no brainer and easy money !!
Ann: Update on development of L-T gas utilisation infrastructure, page-24
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| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 2.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 580000 | 1 |
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