Ann: Preliminary Final Report, page-10

  1. 532 Posts.
    lightbulb Created with Sketch. 8
    Hi all
    I'm still here. I've caught up with the company a couple of times over the past few months. Unfortunately, they are still evaluating projects.

    The suspended market cap of $8m is a thing of the past. Given the company has minimal cash, any deal will likely be done at much lower valuations. Whilst this doesn't make me happy, it is normal i.e. existing shareholders suffer dilution.
    Cheers
 
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