X64 0.00% 57.0¢ ten sixty four limited

"TOTAL EQUITY" as per the balance sheet - 30 June 2022 (actual)

  1. 2,131 Posts.
    lightbulb Created with Sketch. 175
    Quite clearly x64 is a Gold Explorer / Gold Developer and Gold Producer and due to good management has accumulated a substantial of cash with little debt..

    There are such beasts as Annual Reports and Half Yearly Reports. The last annual report of x64 (F/Y ended 30th June 2022) documented Total Equity at $204.837US. At todays fx that values X64 at $288.218M - give or take the dividends paid and exploration and infrastructure expenditure incurred (that will be capitalised). Given that we have 228,393,391 shares on issues that equates to a current share price of approx $1.26 - and not the 59c it is today.

    Quite obviously there is a large discrepancy between actual Total Equity and todays share price. I for one shall continue to hold. DYOR

 
watchlist Created with Sketch. Add X64 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.