I see it a bit different.
As of 31 Dec 2024, EQX had liquid Assets of $12.7 Mio and Total Liabilities of $1.4 Mio. The difference - $11.3 Mio - gives me the intrinsic value of the company as of this date. As the market capitalisation stands at $16.4 Mio, there is a theoretical / arithmetical risk of $5.1 Mio if EQX will loose. This amount will increase over the course of the year, as current expenses will reduce the cash position. Consequently, there is a significant share price risk if a decision is made against EQX. In my view, however, the decisive factor is that there is no risk of a total loss given the relatively high cash position. The risk-reward ratio seems therefore attractive, especially when compared to other companies which would be de facto worthless if they lost their arbitration.
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EQX
equatorial resources limited
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7.94%
!
17.0¢

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Last
17.0¢ |
Change
0.013(7.94%) |
Mkt cap ! $22.34M |
Open | High | Low | Value | Volume |
15.0¢ | 17.0¢ | 13.5¢ | $10.71K | 70.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 129710 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 5274 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 129710 | 0.140 |
1 | 39470 | 0.135 |
3 | 750000 | 0.130 |
1 | 9999 | 0.120 |
2 | 70000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 5274 | 1 |
0.180 | 20000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
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EQX (ASX) Chart |