SNX unknown

SecureNet - good gains with more to come

  1. 9,081 Posts.
    Keep an eye on SecureNet (SNX)

    It has risen strongly of late on good volume

    It has $86m in cash and only $1m debt

    Only 76m shares on issue

    It is selling less than its cash asset backing - not many companies are in that situation.

    On that basis alone it looks a ripe candidate for a corporate play.

    Cheers, X
 
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