I believe tax will be around 25%
Go check out GXY sale of some of their assets to POSCO on the same salar, and the rate was was around that. As a GXY holder it did not hit home until the cash hit the accounts. Thats leaves around $178M AUD.
Then throw in a cash box discount 20% - $142M
Throw in all trade payables and liabilities. $14M on the last reported balance sheet - $128M
840M Old shares currently on issue.
SHIT
That gives you 15.2c
I could be underestimating the cash box discount.
The other rats and mice assets are liabilities as you need to spend money on them.
IMO
I believe tax will be around 25% Go check out GXY sale of some...
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Last
10.5¢ |
Change
0.014(15.4%) |
Mkt cap ! $100.5M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 10.5¢ | 9.3¢ | $1.339M | 13.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 652929 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 257668 | 6 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| GLN (ASX) Chart |