Just quickly comparing EME and SCX on Bigrlyi ALONE..(.yes i know the limitations of this exercise...).Back of envelope stuff..please add to /correct if necessary.....
EME CAP OF $48 MILLION SCX Cap of $2.2 million
EMEO " " $28 " SCXCA " " $2.2 "
total $76 Million TOTAL $4.4 million
EME holds 53.3 % SCX holds 5 %
so on bigrlyi alone, the market is undervaluing scx by a bit under $3 million.As scx has a mac of only $4.4. million, then i need to investigate what else is in the 2 respective companies worth.
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SCX
southern cross exploration nl
Just quickly comparing EME and SCX on Bigrlyi ALONE..(.yes i...
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