RXL has a EV of $50m for 70% of 1.1m oz = $65 per oz
VMC has a EV of $16m after cash, deposits and investment including 41.7m in RXL for 30% of 1.1m oz = $48 per oz.
big arbitrage difference.
Additionally, VMC shares 50/50 with RXL for the rest of the ground, and 100% along the strike.
im expecting big things from upcoming announcements
IMO DYOR
RXL has a EV of $50m for 70% of 1.1m oz = $65 per ozVMC has a EV...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
-0.010(8.33%) |
Mkt cap ! $21.57M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $22.65K | 205.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 181818 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 66638 | 3 |
View Market Depth
| Last trade - 14.08pm 18/07/2025 (20 minute delay) ? |
| VMC (ASX) Chart |