Even with Iron Ore at its rock bottom prices, this company is returning 1/4 of its market cap per quarter.
How the hell is this so cheap? Is it because they aren't doing anything with the extra cash but paying it out in dividends? Instead they could look to acquire other projects to build a stronger company?
Ann: Quarterly Activities Report, page-22
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $196.4M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 26.0¢ | $225.8K | 863.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 155776 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 111945 | 2 |
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| Last trade - 16.10pm 13/01/2025 (20 minute delay) ? |
| FEX (ASX) Chart |
