SXP sapex limited

is this cheap

  1. 247 Posts.
    67.5 mil shares on issue @ 17.5c = mc of $11.8 mil
    cash at bank over $8.6mil...

    I know there are plenty of other speccies that are also cheap, but IMO SXP seems to undervalued....

    other opinions/thoughts are welcome!
 
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Currently unlisted public company.

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