I gather the proforma balance sheet is in A$1000 not A$. Seems like a mistake.
Based on that assumption there is $294 million of accumulated losses and they are looking to sell the remaining producing asset. None of the directors are intending to sell. I wonder if there is still significant value in the entity going forward to be realised even if not listed? Just trying to decide if the liquidity offered now is worth grabbing some cash or is there substantial upside to be had if willing to wait. Dilemma dilemma. Anyone got some thoughts on this?
Add to My Watchlist
What is My Watchlist?