FEX 2.60% 39.5¢ fenix resources ltd

FEX Valuation, page-678

  1. 1,199 Posts.
    lightbulb Created with Sketch. 270
    Morning all,

    Just came across FEX recently. Am I reading this right? $93M Cash in the bank, with a MC of only $115M?
    Take the cash out of the equation, the company only has a value of $22M?
    Can someone break this valuation down for me please.
 
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Mkt cap ! $274.3M
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38.5¢ 39.5¢ 38.0¢ $607.3K 1.561M

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3 69556 39.0¢
 

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39.5¢ 38158 3
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