Looking at this stock in comparison with the likes of CXM and WPG, it is in a very similar position.
And with the market cap of this stock at about $12mil (half held by TRF), and the others WPG $45mil & CXM $75mil, doesn't it say that IFE is an underpriced stock?
They have a defined resource of 60mT, inferred further 300mT, with potential of much > 1BT ... Others don't look to be much better placed at the moment. CXM hasn't even got a defined resource that I can see from presentations?? lots of tenements though.
IFE looks well placed for a significant rise in the next 3 months...
breakout but not many fpos for sale, page-15
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Last
0.5¢ |
Change
-0.001(10.0%) |
Mkt cap ! $14.79M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $4.47K | 1.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7359586 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 12634293 | 24 |
View Market Depth
| Last trade - 11.55am 02/10/2024 (20 minute delay) ? |
| TYX (ASX) Chart |