Yes, it looks like they are profitable, however the company is still blessed with so much sovereign risk and are highly reliant on a stronger coal price.
A lower average coal price of say ~55, which is what the sept-17 quarter looked like, may near have bankrupted them.
If coal prices stay at or above the current levels and the government leaves it alone, this stock could be a really exciting story this year.
- Forums
- ASX - By Stock
- IEC
- Profitability
Profitability, page-2
-
- There are more pages in this discussion • 13 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
0.000(0.00%) |
Mkt cap ! $2.536M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 77410792 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 17073759 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 77410792 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 17073759 | 11 |
0.003 | 35866172 | 16 |
0.004 | 2373320 | 4 |
0.005 | 12789600 | 13 |
0.006 | 3450000 | 3 |
Last trade - 13.46pm 17/09/2024 (20 minute delay) ? |
Featured News
IEC (ASX) Chart |
Day chart unavailable