Cheers. In that case, market cap at the time administration was...

Cheers. In that case, market cap at the time administration was announced would have been approximately $90 million. Given that the share price was previously around 15c before the sh*t hit the fan with all the uncertainty, you could take a market cap of approximately $290 million. 98% of either of those figures or somewhere in between could be what they are gunning for I suppose..?

They can't possible say the shares have 0 value as there would be no benefit to shareholders in the shares resuming trading..as no one wants to sell for 0..yet this is an advantage they are strongly promoting with shareholders...