ELE 0.00% 0.5¢ elmore ltd

iron ore

  1. 33 Posts.
    somebody please tell me if i am wrong but this is what I can work out : PROBABLY WRONG but any way here i go.

    1.2 Billion Tonnes of Iron Ore sold @ $30p/t average.

    1.2 B/T @$30p/t = $3.6b

    $3.6b devided by share amount of 497,000,000 = .72c per share.

    That is probably not right but thought it might be intersting to see. Then again not exactly sure how this type of thing is worked out.

    laugh away if I am wrong am pretty badat maths to LOL.
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.