IEC Intra Energy, page-111

LOL. I wish I had more disposable income but sadly it's not the case mate.
The plan now is an exit strategy. At what price. With 378 Mil shares on issue, could it ever hit $1/share? What about half that? $189Mil market cap?
Pretty big numbers.
$95Mil?

As a side not, I was just looking over some other companies.
- Nucoal Resources has a mrkt cap of $21.5Mil but they aren't mining anything! All outgoing costs, no incoming. $4mil in the bank.They have their own legal issues.
- EQUUS MINING have......well nothing. Mrkt cap of $9Mil. $1.6Mil in the bank. Not even a coal stock really.
- AUSPACCOAL have..... bugger all. No income, all outgoing. $500K in the bank and just given up 50% of the project. Mrkt cap - $28.8Mil.

I'd love to compare TER but that's a big leap from IEC.
Not exactly comparing oranges with oranges but I think it still makes IEC look undervalued for a profit making company.