Basically the market at 12.5/13c regards the EV of this company at $nil!
$140 odd mil in the bank market cap of $140 mil at cash backing
therefore
All the processing plant, great big diggers and dump trucks, plant and equipment, port facilities, savage river, Southdown etc etc..........all worthless!!
crazy!
iron ore at $80 and we still made $20mil last quarter!
this is due for a big correction all right, upwards!
bet we get a 2c divvy confo in Feb 15 also!
couldnt find a better stock to buy on the ASX right now!
Show me a better buy, buy, buy!
An observation
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $318.2M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 30.5¢ | 27.5¢ | $2.494M | 8.742M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 201433 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |