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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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.34M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 58210 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 33900 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 58210 | 0.150 |
2 | 110970 | 0.140 |
3 | 750000 | 0.130 |
1 | 9999 | 0.120 |
1 | 20000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 33900 | 2 |
0.205 | 30000 | 1 |
0.250 | 50000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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EQX (ASX) Chart |
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