Hi Felix: i thought it was a good result. also did you see the comment that they will review a divident policy subject to audit confirming the results? Given the cashflow subsequesnt to June 30 was so storng the co. could afford 0.5c and may even say 50% profits going forward. It appears the company has organised itself well and is now poised to grow unde rthe new MD who is obviously doing a good job. i must say i was surprised (pleasantly) by the technoligies and the potential for them (thulium based assaying and spectrolaser). basically XRF is pretty cheap. at 11c x 84m shares = $9.5m ... less cash $4.5m - $5.0m ungeared for the company. EBIT $1.46 means at 11c XRF on 3.4x EBIT. Plus strong potential to grow profits. Given this i am hopeful of bigger things and even if it is a small cap. (micro cap) i think theres little downside to share price and potnetially good upside. theres a lot of demand for lab work. b
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XRF
xrf scientific limited
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$1.90

Hi Felix: i thought it was a good result. also did you see the...
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Last
$1.90 |
Change
-0.040(2.06%) |
Mkt cap ! $267.0M |
Open | High | Low | Value | Volume |
$1.93 | $1.93 | $1.87 | $363.1K | 191.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1826 | $1.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.91 | 510 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1826 | 1.900 |
1 | 100 | 1.890 |
1 | 1561 | 1.885 |
3 | 21503 | 1.870 |
6 | 11141 | 1.860 |
Price($) | Vol. | No. |
---|---|---|
1.910 | 510 | 1 |
1.930 | 12000 | 1 |
1.935 | 10000 | 1 |
1.940 | 4703 | 1 |
1.950 | 20000 | 1 |
Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
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XRF (ASX) Chart |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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