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1,047 Posts.
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01/11/11
18:11
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Hi Folks,
An earlier post referred to CAH (Catalpa Resources) who had just put out their quarterly. Approx 15M gross profit for the quarter.
AXM has now posted its quarterly figures which resulted in a profit realising only 37.5% to that of Catalpa's.
A comparison of AXM and CAH using their relative market caps leave things looking like AXM shares have been significantly oversold.
AXM sp @ 0.007 should be at 0.021.
CAH is carrying more debt than AXM to boot.
DYOR
Alt Out!
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