With the company now in the process of exiting the FREAK business during this fiscal year, I would think with all the savings running 4 locations, especially in staff costs, rentals and utilities, it would make an opportune time to direct all the money towards making an attempt to really pay down the debt. There should be no excuse now. There has been alot of dilution over the last 2 years, yet it seems very little of that has been used towards paying down the debt. I think the high debt level is the main reason the stock has not been rerated yet. It sure is worth much more than .035 per share. Just my thoughts.
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XRG
xreality group ltd
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2.9¢

Exiting FREAK
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Last
2.9¢ |
Change
0.001(3.57%) |
Mkt cap ! $21.56M |
Open | High | Low | Value | Volume |
2.8¢ | 3.1¢ | 2.6¢ | $30.77K | 1.090M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 113495 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 10046 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18600 | 0.027 |
2 | 305379 | 0.026 |
1 | 400000 | 0.025 |
5 | 1080999 | 0.024 |
8 | 1795772 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 10046 | 1 |
0.032 | 174443 | 1 |
0.039 | 130900 | 1 |
0.040 | 54090 | 2 |
0.041 | 150000 | 1 |
Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
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XRG (ASX) Chart |