And the market is giving a measly value of 2.5 million ( 16 mil minus 13.5 mil cash) to ALL these assets.
If AXE can sell 5 leases to BHP For 8 million, they could probably sell the rest of their assets for many times the current market cap without even spending another penny on development.
announcement out, page-22
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Last
22.8¢ |
Change
0.003(1.11%) |
Mkt cap ! $57.34M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.5¢ | $51.20K | 227.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 115016 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 188012 | 11 |
View Market Depth
| Last trade - 11.24am 18/09/2024 (20 minute delay) ? |
| AXE (ASX) Chart |