Matt,
You'll need to wait for the next financial report to update on the net cash ~ $290M (27 c/sh)held as at 1 July 2012
The last casflow per share I saw for FY13 from a broker was ~ 22c/sh (back in Nov), so given the recent uptick in iron ore prices it would seem reasonable that they have net cash of at around 40c/sh as at 1 Jan.
Which makes the 65c they were trading at recently farcical. They still look well underdone at 90c.
how much cash in the bank ?, page-2
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