Daytrading December 15 afternoon, page-55

  1. 22,120 Posts.
    lightbulb Created with Sketch. 20
    you must be new

    repeat after me I must look at a stocks Market Cap not its share price in isolation


    EXM is a spec shell it has half the shares on issue as ODN and at current prices a $1.8m Mkt Cap
    at 2c that Mkt Cap will be $2.9m which isnt too demanding
    It shares the same chairman as well as many similar shareholders

    There is speculation they are going to do some sort of a deal as their main undertaking has been on hold for a very long time now and they are looking at farmout/divestment options

    Even an an ok sort of deal should see 2c for this but the real excitement for me will be whether Alex can replicate the success of ODN
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