Ann: ASX Notice - Reinstatement to Official Quotation (11/09/19), page-10

I am really unsure what to expect here.

The value of the assets were independently assessed as $30m+.

EV of the company at 5.4c comes to about $19m. One could argue with a couple contracts in place it seems 'fair valued, if not cheap' at 5.4c.

The big uncertainty is how quickly people will run for the exits upon open (there will definitely be many) but also how many people want to buy shares but couldnt as the IPO closed oversubscribed.

I think it was good to see the directors take their back-pay in shares and not cash. That shows genuine confidence.

I still dont know what I am going to do yet haha. Part of me just wants to sell first thing as any $$$ is better than what I was expecting... But then again with zero expectations, do you roll the dice and see what they can do? See how the price action looks I guess.