SCX southern cross exploration nl

Just quickly comparing EME and SCX on Bigrlyi ALONE..(.yes i...

  1. 7,334 Posts.
    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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Currently unlisted public company.

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