YPB is worth far more dead than alive.
It holds $80-90 M of tax losses. JHs plan is undoubtedly to keep YPB going is far as possible and remain the largest creditor. My guess is that when the company goes belly up he will swap his debt for the whole company leaving other shareholders with nothing, then sell it as a listed shell (reverse takeover) to a profitable company that can take advantage of the tax losses.
Ann: Preliminary Final Report, page-7
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Last
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Change
0.000(0.00%) |
Mkt cap ! $1.616M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $408 | 204K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 140612059 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 6451119 | 8 |
View Market Depth
| Last trade - 10.56am 14/05/2024 (20 minute delay) ? |
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Last
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Change
0.000 ( 25.0 %) |
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.2¢ | 1200000 | ||
| Last updated 15.06pm 14/05/2024 ? | |||||
| YPB (ASX) Chart |