AXO aurox resources limited

cash position

  1. 5,754 Posts.
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    If AXO has $73m cash at what point does the SP trade below it's asset backing???

    Can't believe they issued an ann denying a take-over rumour before the general market was even aware of it. It's not enough that the yanks are killing us but AXO management assited in pushing our heads under water. Consequently we have holders lining up to sell. Is there any reason they would let the SP slide like this?
 
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Currently unlisted public company.

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