I think that has been part of the plan all along. XRF is not like a mining company that’s going to have a big find and double overnight, it’s just a small company being run effectively and efficiently with good metrics (read financial ratios). It doesn’t come out with a lot of company announcements, it’s management have been in situ for quite a number of years, and it gives a small fully franked dividend. IMHO it will just keep on keeping on, with *perhaps* a larger mining or analytical company making a bid later on “if” they see the opportunity to add value or, if it’s of value to them. After all, the capitalisation of XRF would hardly provide an entree, if a large company wanted to make a meal of them. I have often said that I consider XRF as being a company “selling picks and shovels to the miners”……miners are all over the world and the products and services sold by XRF are universal.
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I think that has been part of the plan all along. XRF is not...
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Last
$1.54 |
Change
0.015(0.99%) |
Mkt cap ! $211.9M |
Open | High | Low | Value | Volume |
$1.53 | $1.54 | $1.50 | $362.5K | 238.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | $1.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.54 | 1746 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 1.510 |
1 | 5000 | 1.495 |
2 | 6670 | 1.480 |
2 | 10000 | 1.475 |
1 | 17000 | 1.470 |
Price($) | Vol. | No. |
---|---|---|
1.535 | 1746 | 1 |
1.540 | 22776 | 2 |
1.545 | 27500 | 3 |
1.550 | 14000 | 4 |
1.560 | 49511 | 1 |
Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
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XRF (ASX) Chart |