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
33.5¢ |
Change
0.005(1.52%) |
Mkt cap ! $85.37M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 34.5¢ | 32.0¢ | $116.1K | 352.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5129 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 24040 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AXE (ASX) Chart |