very strong in first half hour. This has to push higher! The Market cap of ~$20m is ridiculously undervalued and it can easily be $50m. They have a 9mt 64% FE resource with no major CAPEX for production. The licence is on a granted ML and has been mined before. A$50+ margin is my estimate with current iron ore price. They only need to produce 1Mt and that is $50 million.
do your own maths,, but this is a no brainer for me!
- Forums
- ASX - By Stock
- Ann: Strategic Alliance with Key Trucking & Logistics Provider
very strong in first half hour. This has to push higher! The...
-
-
- There are more pages in this discussion • 14 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 FEX (ASX) to my watchlist
(20min delay)
|
|||||
Last
39.5¢ |
Change
0.010(2.60%) |
Mkt cap ! $274.3M |
Open | High | Low | Value | Volume |
38.5¢ | 39.5¢ | 38.0¢ | $607.3K | 1.561M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 69556 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 38158 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 65556 | 0.390 |
4 | 43423 | 0.385 |
10 | 208281 | 0.380 |
4 | 98200 | 0.375 |
7 | 175115 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 38158 | 3 |
0.400 | 616993 | 20 |
0.405 | 91000 | 3 |
0.410 | 185000 | 6 |
0.415 | 101500 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
FEX (ASX) Chart |