RXL has a EV of $50m for 70% of 1.1m oz = $65 per oz
VMC has a EV of $16m after cash, deposits and investment including 41.7m in RXL for 30% of 1.1m oz = $48 per oz.
big arbitrage difference.
Additionally, VMC shares 50/50 with RXL for the rest of the ground, and 100% along the strike.
im expecting big things from upcoming announcements
IMO DYOR
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.28M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 825 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 14000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 0.105 |
1 | 825 | 0.070 |
1 | 22240 | 0.066 |
1 | 99994 | 0.065 |
2 | 112500 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.074 | 14000 | 1 |
0.080 | 97302 | 2 |
0.095 | 23156 | 1 |
0.098 | 4000 | 1 |
0.125 | 101000 | 2 |
Last trade - 16.12pm 28/08/2024 (20 minute delay) ? |
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