The only risk here I see is opportunity risk / holding costs.
$24M in cash. No debt.
They have over $16M worth of SO4 at or under 50c. It's all in profit.
$40M+ in cash and listed stock vs a market cap of $34M. -$6M EV.
The cash burn is low. Management has some pedigree.
The only risk here I see is opportunity risk / holding costs....
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Last
15.0¢ |
Change
0.015(11.1%) |
Mkt cap ! $19.71M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $27.43K | 185.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 10.09am 19/06/2025 (20 minute delay) ? |
| EQX (ASX) Chart |