looks good 1.69 all time high

  1. 1,201 Posts.
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    this stocks gonna make so much money per share

    If it were in proddy today at todays prices , theyd make roughly $1 per share even if I dilute the capital to 150mill shares +options!

    1.69 is the high as it been edging higher and higher everyday!

    Sorry guys, but $1 per share earnings warrant a higher market cap! Especially with the 'growth' potential re magnetite years down the track.

    Worth $4 to $5 at todays higher prices. That would only give it a PE of 5

    Away from PEs , even joelbabys analogy suggests a $3 price tag easy and this doesnt include the magnetite potential growth aspect.

    Im just saying that these guy are gonna rake it in at the higher iron ore prices! Rake it in and they have very little shares on register.
 
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