They seem to be on track for July 7 relist (fingers crossed emoji)
Assume a MC on relisting of AUD$600m, with 1.593b soi (assuming SPP taken in full) gives a share price of around 37c.
If taking a slightly more conservative valuation (eg diamond prices falling from 2022 levels), might be closer to 30c with a MC of perhaps around AUD$500m.
Still above the 25c raise price and generating profit
Ann: Re-compliance Prospectus, page-4
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15.0¢ |
Change
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Mkt cap ! $213.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 14.5¢ | $192.4K | 1.288M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 752477 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 21040 | 5 |
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