OIC, well I don't think the market was ascribing any value into...

OIC, well I don't think the market was ascribing any value into the New Norcia tenements in the share price prior to the deal? Plus we are keeping One Tree Hill I think? CZI closed @ $0.21 and OZL @ $13.70, so the market values the Caspin assets at $0.01 on that basis

This reminds me of the ARL spin-off of their NSW gold tenements. Similar scenario. The market wasn't really ascribing any value to the NSW gold fields. Shareholders received free shares plus options with the shares now worth $0.22 and the spinoff didn't even tickle the ARL (rather volatile) share price at the time.