OXX have a mkt cap of $29 million.
Cash $21 m less $7 m this quarter, so $14 m
So how do you possibly get the idea they are trading below cash backing.
OXX is overpriced IMO
They have drilled their top 5 or 6 prospects are found nothing commercial. One can only presume the balance of their portfolio is pity sub-standard.
Their best asset is their interest in PKO.
I hope they do offer cash for PKO, as i dont want OXX prospects. The mgt seems good though.
phone survey, page-8
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.635M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 9431667 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1600000 | 1 |
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| Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
| PKO (ASX) Chart |
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