Hi Chickm61 - congratulations on continuing to buy - I expect you to be well rewarded. The IEC share price has already priced in caspian so any positive news should see IEC move well above 5c. After 3 quarters IEC is on target to achieve an EBITDA of $6.5-$7.5m and has estimated cash after 3rd qtr of $6m. The value of IEC's proven reserves are at least a minimum 10 to 20c/t - so the market cap should be well above $20m post Caspian announcement (last immediate key risk). Hopefully a sensible arbitrated or commercial outcome.
Chairman Buying, page-3
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.536M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 72267956 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 13642000 | 6 |
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| Last trade - 16.12pm 26/06/2024 (20 minute delay) ? |
| IEC (ASX) Chart |
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