XRF 0.99% $1.54 xrf scientific limited

I think that has been part of the plan all along. XRF is not...

  1. 4,868 Posts.
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    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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Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
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