Not really. Depends on many factors including plans moving forward and implementation of potential proposed changes.
Assuming it is close to break even and we weren’t lied to, raised cash will be $20m minus costs incl paying AW back. Potential to add another $26m cash if recovered. That will be a cash pile in excess of $40m and there is no way this will be $56m mcap if that eventuates.
All going well there is a good chance those fronting capital will clean up on resumption of trade, all depends on the detail.
DUB Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
