re: share price... Thanks John.
As for predicting the share price 2 years from now - it totally depends on your outlook for copper. If you're confident that current copper prices will hold or increase, then the share price could well be $5 plus. If you think the longer term copper price is going to fall, then you need to do a few calculations with your predicted copper price and work out their income in 2008.
I've put a bit of work into the future income of EQN and even at much lower copper prices, they're going to be rolling in cash.
Persuader.
business report article, page-7
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Last
16.5¢ |
Change
0.040(32.0%) |
Mkt cap ! $20.43M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 19.5¢ | 15.5¢ | $924.3K | 5.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3086 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 3394 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EQN (ASX) Chart |