I don't know how much they put in pre-IPO, but they had a...

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    I don't know how much they put in pre-IPO, but they had a relatively small holding when this listed on the ASX. Perhaps a few tens of thousands of dollars.

    When this fell to under 1 cent the first time, Thorney then threw around $1m at this. So I assumed he averaged down at that point with a massive investment. Plus, Thorney has thrown more money at this over the years.

    My assumption would be anywhere between 1 - 2 cents. It could be a bit higher.

    It's a flat out guess & going off memory, I don't have time to trawl through all the anns & do the calculations.
 
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