Hi undaunted, ‘asset value’… no, we are not buying shares in the asset, but shares in the company and what value do you put on a company with no buyers for the shares? If the ASX allowed increments below $0.0001 do you think MOT shares would still be at $0.0001? Also our cost average was actually higher than you have indicated.
We have taken a position and paid for that position. We are now a shareholder and therefore have interests aligned with other shareholders as per our business model. This and any other new capital will be viewed and importantly utilized to grow the company.
