I think everyone is missing the point here.
Yes the NTA will be around $0.03. What this ignores is;
1. The fact that their is still an operating business with an EBITDA of $4.1m circa $20m in value at a minimum (or $0.05/share)
2. The funds that are release from existing projects which will be anywhere from $0.01 to $0.03/share
3. Not sure if its clear what they said about the W&I amount that has to be held. If no claims from the buyer then that is also released.
So their is still value their I think everyone just focuses on the NTA and not whats actually happening underneath.
I think everyone is missing the point here.Yes the NTA will be...
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Last
42.0¢ |
Change
-0.010(2.33%) |
Mkt cap ! $16.40M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 41.0¢ | $17.00K | 40.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2461 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 39602 | 2 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| CDD (ASX) Chart |