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There are many ASX stocks trading UNDER cash backing with no...

  1. yifuj
    1,131 Posts.
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    31/07/16
    15:12
    Post #: 18410420
    There are many ASX stocks trading UNDER cash backing with no debt. Like MGX(400m cash, 300m mcap), GRR(150m cash, 140m mcap) both of which are actually operationally cash flow positive. And then you've got the oilers like KAR (480m cash, 324m mcap), nanocaps like BCN etc. I've missed many many more.
    1PG Price at posting: 40.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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