is this a real bargain, page-12

COL

i think the 18 million owing will be paid sooner now given the demand for payment and i have heard that creditors both secure and insecure will get at least 90cents in the dollar

Also RSN projects have a lot of potential hence the large buyups earlier this year when ANZ sold through opes positions and the the subsequent run up to 4.4 before the market went into a tailspin

will be very interesting to see how this pans out but by my calculations even without the 18mill RSN should have a market cap of 25 to 30mill very conservatively IMO