Jojo you are right on the copper front. The boys were srambling for cover this week when it was revealed China copper imports for Feb (which is normally a slow month) surged 70%. Medium term strength into the low three dollars per lb should continue.
And Krazy1 you are not so crazy. Based on a USD3/lb copper price I get an earnings per share (after tax) of AUD1.47, earnings multiple of six and we get more like a AUD9 sp.
This is without uranium,further discoveries and byproducts.
smart announcement today..., page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EQN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.5¢ |
Change
-0.020(5.80%) |
Mkt cap ! $40.13M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.0¢ | $174.6K | 526.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42820 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.56pm 26/06/2024 (20 minute delay) ? |
| EQN (ASX) Chart |