BIG burrendong minerals limited - withdrawn

In the last 6 months FXJ revenue is down only 3% but...

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 1,324 Posts.
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    In the last 6 months FXJ revenue is down only 3% but unfortunately this relates to massive 10% profit ouch.

    Their share price was 1.69 only a year ago now 0.70.

    I think a lot of people such as myself will be watch out for an oportunity with BIG when it reopens most likely end of April with a quarterly update.

    If you compare the two companies one has no hope FXJ and the other blue skys BIG. If FXJ were to get themselves out of the hole they are in they need to do something like buy BIG.

    Anyway if you like sure trades FXJ looks like a good short right now for the long term.

    Their dividend is 3 cents and earning 1.5 the PE is 41 I haven't looked into see if they are borrowing to keep their dividend up. I think FXJ will break out of trading range coming into the next 4C maybe drop to 50 cents. Anyone esle have thoughts on this.
 
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Currently unlisted public company.

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