Bit surprised that no-one has commented on this presentation at all. Perhaps like me you lost interest in the stock. However, I thought I should check up on what is admittedly a pretty small investment on my part.
The following extract from the presentation I feel is worth reviewing.
Based on current price and last declared cash and equivalents of $15M with no debt, RXL has an EV of zero! Following recent activity and purchase of the two Mt Fisher tenements, the cash is more likely about $14M for an EV of $1M.
Ann: Sydney Resource Roundup Presentation, page-2
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 (20min delay)
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $163.8K | 1.089M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 368796 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 210000 | 3 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |
