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  1. 109 Posts.
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    I'm looking at the AGM Presentation


    Page 24: Assets USD14.4m (AUD20m)

    Page 20: Total debt AUD8.35m

    My calc says NTA is AUD11.65m


    Current market cap is AUD2m


    Browbeat is right, the drop in share price is very worth noting


    ddzx is also right in that the company has not lost value but it is trading at a discount to calculated NTA (based on numbers in AGM Presetation not Pro-Forma 30/6/2018 numbers)


    and very encouraging grades!

 
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