re: share price... Thanks John.
As for predicting the share price 2 years from now - it totally depends on your outlook for copper. If you're confident that current copper prices will hold or increase, then the share price could well be $5 plus. If you think the longer term copper price is going to fall, then you need to do a few calculations with your predicted copper price and work out their income in 2008.
I've put a bit of work into the future income of EQN and even at much lower copper prices, they're going to be rolling in cash.
Persuader.
business report article, page-7
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Last
33.5¢ |
Change
-0.015(4.29%) |
Mkt cap ! $41.37M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.0¢ | 33.5¢ | $130.2K | 382.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3800 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 553 | 1 |
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| Last trade - 15.39pm 05/07/2024 (20 minute delay) ? |
| EQN (ASX) Chart |