Quite clearly x64 is a Gold Explorer / Gold Developer and Gold Producer and due to good management has accumulated a substantial of cash with little debt..
There are such beasts as Annual Reports and Half Yearly Reports. The last annual report of x64 (F/Y ended 30th June 2022) documented Total Equity at $204.837US. At todays fx that values X64 at $288.218M - give or take the dividends paid and exploration and infrastructure expenditure incurred (that will be capitalised). Given that we have 228,393,391 shares on issues that equates to a current share price of approx $1.26 - and not the 59c it is today.
Quite obviously there is a large discrepancy between actual Total Equity and todays share price. I for one shall continue to hold. DYOR
- Forums
- ASX - By Stock
- X64
- "TOTAL EQUITY" as per the balance sheet - 30 June 2022 (actual)
"TOTAL EQUITY" as per the balance sheet - 30 June 2022 (actual)
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add X64 (ASX) to my watchlist
(20min delay)
|
|||||
Last
57.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
X64 (ASX) Chart |
Day chart unavailable