Tell me ST, how much real cash do you think X64 actually holds and controls?
Judging by the organisation chart, it is plain to see PMC is the gold producer and with that comes the revenue, right.!! IMHO, I reckon the majority of X64's reported cash lies in the Philippines in PMC's bank accounts. Do you honestly think, the Philippines government will just let funds out of the country?
I think you had better do your DYOR and forget about BBs or dividends as in all likelihood there is no cash left in X64's kitty.
If you check the SEC records in the Philippines, you will see all X64 directors and executives have been removed from the PMC Board, which means they have lost control of its asset in the Philippines. This is something that petrifies me.
- Forums
- ASX - By Stock
- Ann: Trading Halt
Tell me ST, how much real cash do you think X64 actually holds...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add X64 (ASX) to my watchlist
(20min delay)
|
|||||
Last
57.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
X64 (ASX) Chart |
Day chart unavailable