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
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Last
24.0¢ |
Change
0.010(4.35%) |
Mkt cap ! $29.72M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 24.0¢ | $9.427K | 39.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7331 | 23.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 15000 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| EQN (ASX) Chart |