AQX 0.00% 0.8¢ alice queen limited

ASIC misconduct report, page-13

  1. 1,895 Posts.
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    Are you a rookie?

    One should always be aware of the past its a very good guide to how things may perform in the future.

    Big boy loves new investors like you thinking how can this company be worth so little we can really make some money here, its a whole new following to try the same wool pulling maneuvers with.

    The truth is the ev of a company is the mcap - asset value, which really should be reflected as "the management value".

    In AQX's case a 500k oz deposit that's probably worth a net 500mil or so after extraction costs is only worth 5mil mcap is about right, the management value of this company is a negative 99%.

    Leopard doesnt change its spots etc.

    If the top 20 want to change the wombat at the top maybe its got a chance.
    Last edited by watchitgonow: 21/09/22
 
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Mkt cap ! $9.175M
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No. Vol. Price($)
1 62500 0.8¢
 

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Price($) Vol. No.
0.9¢ 541030 4
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