"can you see any other reasons as to why the market hasn't valued this company accordingly"
K74
The simple answer is NONE
If CXM was in the Pilbara it would be trading at the $1.50 range. WA is the iron ore capital, and deservedly gets the lion's share of investor interest.
But it would be foolish to ignore a quality project & company just because it is located in sleepy SA.
My strategy is to discover under valued & overlooked stocks, and CXM certainly fits that bill. Hence my decision to accumulate.
Cheers & all the best
TB
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centrex limited
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Mkt cap ! $14.74M |
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