Risk is deal falls through and we still retain a strong asset.
This is hardly a risk.
Reward is exceptional.
In my opinion, with all material facts in mind, the probability of a rejection is 10% or less.
Even at this stage of pre FIRB approval the company is undervalued.
Mkt cap ought to be at least 80M, we are currently at 60M.
On approval, we could expect a capital payout of more than 25cps on a SP that is also 25 cents.
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 (20min delay)
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Last
24.0¢ |
Change
-0.010(4.00%) |
Mkt cap ! $56.88M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 24.0¢ | $252 | 1.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 165000 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 2950 | 1 |
View Market Depth
| Last trade - 15.34pm 25/07/2025 (20 minute delay) ? |
| CZR (ASX) Chart |