Is this the new Waste Water Technology stock that folk have been searching for after we have seen significant rises in the likes of SDV, PET, DEM + others.
The main reason its probably gone unoticed is because the technology came as part on an acquisition which was the primary head line for the announcement, but includes this new water treatment technology.
See announcement : 05/08/2019.
Here is a slighly basic overview of the capital structure post capital raise which is being done at 0.006.
Top 20 holding near 70 percent of the register as per the information that is currently available, which is very tight with top 20 holders being heavy advocates for the company.
Company is currently in disucssions about strategic partnerships and i expect we might see some news about these in the not to distant future.
Post Capital Raising
Undiluted FPO Share Structure ( Tradeable on Market )
SOI : 946,015,079 ( Excluding 416,049,348 vendor shares in Escrow til September 2020 )
CASH : $916,000
INVESTMENTS : $1.6 Mil ( Information sourced from Investor Presentation dated 25th November )
MARKET CAP : $5.6 Million @ 0.006
EV : $3.1 Million
Fully Diluted FPO Share Structure
SOI : 1,362,015,079 ( Includes 416,049,348 vendor shares escrowed until Sept 2020 )
CASH : $916,000
INVESTMENTS : $1.6 Mil ( Information sourced from Investor Presentation dated 25th November )
MARKET CAP : $8.1 Million @ 0.006
EV : $5.6 Million
These figures take into account, information recently pulled from the last Appendix 5B + capital raising which is currently in progress and should be finalized on the 19/12/2019
Here are a few slides from recent announcements to kick off the thread. Would love to get some discussion going here.
By my calculations based on the above information, this company looks heavily undervalued for
a) Water treatment technology : aMES ( The main play here )
b) Mineral portfolio
c) K-Max
d) Investments in other ASX listed companies.
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