The $23mil market cap isn’t realistic but a reflection of share on issue by the minimum ASX amount of $0.001. I believe they have about $12 mil in the bank account after buyback. They will receive US$8mil in March 25 and US$9mil in March 26. Approximately AU$26mil over 18 months. I’m sure there’s a number of year of tax loses that can be applied against these amounts.
ANL Price at posting:
0.1¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.