EQX (repost from pre market)
Something happening.
AGM was announced yesterday and did 500K of volume. Could be close to a deal finally.
Trading at -$6M EV. Ian Middelmas company.
SO4 shareholding $16M
Cash of $24M
Net assets $40M.
Looking for resource acquisitions.
Next to no risk buying an Ian Middlemas shell below cash backing.
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- Morning trading September 29
Morning trading September 29, page-8
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