Just a question for people...
In the GFC there were a number of companies I noticed that dropped to very close to their cash backing.
BRM for example was one of them (it's market cap traded at less than its cash in the bank value at the time due to a recent cap raising) and it is now trading at many multiples of its rediculas low in the GFC.
I'm looking to start a watch list of companies which are fully funded with large cash holdings so if another significant correction occurs at some point I have a watchlist of cashed up companies that might become bargains and oversold!
Anyone with some thoughts??
Thanks in anticipation...
Cheers
Hevlet
- Forums
- ASX - General
- companies with large cash holdings
companies with large cash holdings
Featured News
Featured News
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online