I know this is not exactly how it works, but if we were to receive the whole $56m, based on the current SOI and repaying the total 8.7m in financing debt, the estimated SP should be around $0.035 for a MC of 45m. Quite a bit of blue sky there. Even if a portion of it were awarded it'd be pretty great for a small cap to have 20m in the bank.
I took a 1m stake at 0.007 this morning - thought it's an 80/20 win/lose and 40/60 full amount/lesser amount chance. Will be pretty please if we get the full amount.
- Forums
- ASX - By Stock
- Ann: Lodgement of Euros 34.35 Claim in Pau Tribunal
I know this is not exactly how it works, but if we were to...
-
- There are more pages in this discussion • 106 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GGX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.077M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
GGX (ASX) Chart |
Day chart unavailable