On the good news front ~ Iron Ore pricing has been increasing (much to my surprise and per predictions last year) but, none the less, the price for 58% Fe is hovering around the $100 which from memory was the magic number the previous company suggested was economical - although I don't remember if that was US$100 or A$100.
But given who has popped onto the threads, highlighting the "company pursuing other acquisitions" might just mean an acquisition is on the cards, he is a pretty accurate poster with these few companies he follows.
With a M & A budget of $200k, I am not sure how they will pay for an acquisition (Placement?) but IMO, the acquisition will need to complimentary to the core business asset (Hamersley Iron Ore) and not be a change per se .........
It will also be interesting if Callaghan remains on this board after suddenly leaving PF1?
cheers
- Forums
- ASX - By Stock
- Ann: Hamersley Project Update
On the good news front ~ Iron Ore pricing has been increasing...
-
- There are more pages in this discussion • 2 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 EQN (ASX) to my watchlist
(20min delay)
|
|||||
Last
29.0¢ |
Change
-0.015(4.92%) |
Mkt cap ! $37.66M |
Open | High | Low | Value | Volume |
30.5¢ | 30.5¢ | 29.0¢ | $17.34K | 58.08K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35087 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35087 | 0.285 |
2 | 44511 | 0.280 |
1 | 200000 | 0.265 |
2 | 24200 | 0.260 |
1 | 100000 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 25000 | 1 |
0.305 | 51912 | 1 |
0.310 | 118198 | 2 |
0.315 | 35000 | 1 |
0.320 | 50000 | 1 |
Last trade - 10.23am 30/07/2024 (20 minute delay) ? |
Featured News
EQN (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online