SNX 29.3% 5.3¢ sierra nevada gold inc.

Keep an eye on SecureNet (SNX)It has risen strongly of late on...

  1. 9,081 Posts.
    Keep an eye on SecureNet (SNX)

    It has risen strongly of late on good volume

    It has $86m in cash and only $1m debt

    Only 76m shares on issue

    It is selling less than its cash asset backing - not many companies are in that situation.

    On that basis alone it looks a ripe candidate for a corporate play.

    Cheers, X
 
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