Let's break down the valuation picture with actual numbers:

Current state: The market cap sits around A$17–22M at roughly A$0.024–0.03 per share, with approximately 694 million shares in circulation. A recent placement worth A$1.16M at A$0.03 brought in fresh capital—about 38.8M new shares issued—to support litigation costs and operational needs.

Now here's where it gets interesting. If the litigation award lands in the US$277–$443M range (or A$430–690M), that's not just plausible—it's a meaningful catalyst. The math becomes compelling when you consider how that potential payout could reshape the entire valuation framework.