I think IEC is looking promising.
The way I see it they are currently making $2.44 profit per ton based on the Sept 17 qtr.
If coal sales for this qtr 45,000 tons continue for the next 3 qtr's they could turn a profit of $1.3 mill
1.3 mill/356,500,000 shares = $0.00369 per share
Based on the current share price $0.006 per share this would be a %62 return
Hopefully if they lift production the costs per ton will drop and fingers crossed teh export ton rate per ton should be better than the $54 they seem to be getting now.
- Forums
- ASX - By Stock
- IEC
- Upside maybe?
Upside maybe?
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IEC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $3.381M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $13.01K | 6.505M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 70066955 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 12178688 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 70066955 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 12178688 | 8 |
0.003 | 12164171 | 10 |
0.004 | 10828908 | 7 |
0.005 | 16415600 | 10 |
0.006 | 3700000 | 3 |
Last trade - 11.13am 30/07/2024 (20 minute delay) ? |
Featured News
IEC (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online