Crazy! We are now worth half of our tax losses - meaning anyone could buy us for say $45M (50% premium) and claim $60M tax losses - provided they can get the business (or similar) up and running.
Let that sink in. You'd effectively receive $15M to acquire all the licences, permits, the resource, all the studies including DFS and close to FID, OTAs, the works - and yet nobody wants it? Does that tell us anything?
Maybe some of the hc keyboard warriors here, that know so much better, could form a cooperative, sack the management and take over ADN for half the salary???
Crazy! We are now worth half of our tax losses - meaning anyone...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $13.76K | 1.637M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 17425801 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 16335345 | 19 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |