I would assume any buy in would be done at the BFS NPV plus potentially a discount.
Basically, it would mean that the retail investor wont be getting 100% of the real potential. However, more than likely, it will be a significant upside from todays MC. It might be a reason why they did not want the SP to rise too much prior to this disclosure?
Personally, I would be over-the-moon with a re-evaluation at 30 cents plus. Though, I think it may be between 10 to 20 cents?
We will find out in due course if these assumptions are completely off the mark or the reality. Either was, it is better to be in the game than not.
I would assume any buy in would be done at the BFS NPV plus...
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $4.782M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $25.01K | 6.756M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 20700281 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2008400 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IBG (ASX) Chart |