55 million ABZ shares @ 54c = $30m 31.8m TCM shares @ 52c = $16m 20m TCM options exercisable at 30c = $4m (in the money) Materials - attapulgite $1m Property - $3m
Total $54m
Market Cap $22m
Trading around 40% of asset value at the moment
The TCM options expiring later this year will probably be sold via an off market transfer. There's not much free float in TCM which has just broken out to yearly highs (could move quickly).
ABZ also broken out to new highs recently.
HRS Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held