Puts things in perspective doesn't it. Out market cap will 10 bag (more) if the deal is approved, but our individual holdings increased in value by 100% off the recent price floor of $0.002. That is some MAJOR dilution.
Anyone expecting a Disallowed, needs to redo their numbers. A Disallowed after dilution would give us a market cap half that of Monodelphous Group. I'm sure sure we can all agree that that is absurd, unless some extraordinary things develop over the next 12 - 24 months.
Yes, we've been thrown a lifeline, but it has come at an immense cost to existing holders.
- Forums
- ASX - By Stock
- ANQ
- Todays Market
Todays Market, page-11
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ANQ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online