If they just give up on Nifty, you're left with an asset that alone is probably 50% more valuable than the current market cap, plus a potential asset which might be worth something some day.
I don't see the logic in saying Nifty could be worth a negative amount, unless there are serious rehabilitation liabilities associated with it and the listed parent company has given guarantees.
It's nuts the share price is now 1/3 of the price at which the 65c institutional cap raise occurred!
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 (20min delay)
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Last
57.0¢ |
Change
0.025(4.59%) |
Mkt cap ! $505.2M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 58.0¢ | 55.0¢ | $2.022M | 3.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19522 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |