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Ann: Trading Halt, page-143

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Beno77

5,434 Posts.

669

04/03/22

08:48

Post #: 59972329
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Originally posted by Von Rico: ↑

Not bad. A fair bit of dilution to come over the next two years but not too bad, still looks undervalued as you say.

May not need another CR for about three years.

After this CR is put away and all existing options are exercised we should have about 606 million shares and $24 million cash less whatever we spend over the next two years.

So that's a current diluted EV of around $24 million @$0.08, which should grow significantly over the next two years with all the fire power we will have to throw at it.

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. Not all options will be exercised. It’s dangerous to ever consider that and draw a conclusion that that will be cash available hence the raise now . Also future SOI will certainly not be at that figure. I have never seen 100% options converted at expiration anyone feel free to correct me.

MLS Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.4¢		Change -0.001(4.00%)		Mkt cap ! $17.45M

Open	High	Low	Value	Volume
2.5¢	2.9¢	2.4¢	$82.24K	3.178M

Buyers (Bids)

No.	Vol.	Price($)
2	241665	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	65000	1

View Market Depth

No.	Vol.	Price($)
2	241665	0.024
4	308503	0.023
6	1044917	0.022
6	1355316	0.021
9	1462055	0.020

Price($)	Vol.	No.
0.026	65000	1
0.028	263338	3
0.029	325746	2
0.030	859052	4
0.031	288000	1

Last trade - 16.10pm 06/11/2024 (20 minute delay)

MLS (ASX) Chart