Yes, Game changer for sure if successful.
And the affect on small cap stocks CUE and NZO will be even more profound than Beach, for obvious reasons.
NZO own about 25% of the equity in this Monster Prospect when you factor in the portion of Cue's equity that we own.
In a success scenario, NZO could easily be a ten bagger from where the SP is now.
Though that would require the market to react logically...and the current low SP seems illogical to me.
Either way, we don't have long to find out what happens. A success case will open up many more options for NZO and clearly the company would be worth significantly more.
Yes, Game changer for sure if successful. And the affect on...
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Last
39.0¢ |
Change
0.015(4.00%) |
Mkt cap ! $87.34M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 39.5¢ | 39.0¢ | $16.56K | 42.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5748 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 1072 | 1 |
View Market Depth
| Last trade - 14.35pm 28/05/2024 (20 minute delay) ? |
| NZO (ASX) Chart |