ANX 7.69% 2.4¢ anax metals limited

Macnzl,First off you must be one of these angry shareholders...

  1. 1,239 Posts.
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    Macnzl,

    First off you must be one of these angry shareholders that bought at much higher than the current share price.

    I have brought all my shares in the 7 to 8 cent range.

    Secondly they have 12 million dollars cash and own 42% of DSN and only have over 100 million shares. So do the math.

    Thirdly they have few interesting projects on the go. As I mentioned on previous posts and can not be bothered repeating. These projects (Capricorn, Camel Hill & Glenburgh) have no value at the moment.

    There are a lot stocks with not much cash in the bank and have not found anything substantial too at a higher share price than ARM

    And something to note manganese prices are on the rise.
 
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