If we can recover say $20mill US by either settlement or enforcement, will be interesting to see what Cosimo does. One thing for sure we don't want that cash sitting in our account for any length of time.
$20 mill US is $25mill AU, lets say $10-12mill US for an asset acquision, $2mill for Dempsey will leave ~$8-9mill AU, maybe an on market buyback of stock to make up for the dilution we have all suffered? or some other investor offereing
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.