No way this ever trades below cash. What that poster failed to clarify was that only companies that have significant CAPEX outlay have the potential to trade below cash. FEX has $2m planned outlay. Even at absolute bottom of the cycle FEX would only have $10m in shutdown costs (breaking contracts, penalties, etc).
FEX is extremely undervalued and should easily be valued +30c
No way this ever trades below cash. What that poster failed to...
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Last
39.3¢ |
Change
0.008(1.95%) |
Mkt cap ! $267.4M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.5¢ | 38.0¢ | $522.8K | 1.347M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 129590 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 107629 | 3 |
View Market Depth
| Last trade - 15.33pm 12/07/2024 (20 minute delay) ? |
| FEX (ASX) Chart |