Yes and i would think that $700 mill would be gross value of the resource. So costs to come off.
Still likely the net worth many times current MC.
In theory buyers at current prices would likely make money if the company was wound up.
Ann: Results of Non Renounceable Entitlement Issue of Shares, page-11
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $13.21M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.0¢ | $112.1K | 915.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 663745 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 10000 | 1 |
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