IXR ionic rare earths limited

My good Dr, The only way IXR will ever reach 10c is if they do a...

  1. 4,014 Posts.
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    My good Dr, The only way IXR will ever reach 10c is if they do a 10:1 consolidation.

    There are already FIVE BILLION shares out there !!!! and more to come if they decide to do a CR to fund Belfast.

    Even Rob's rather optimistic forecast of 400tpa with a $25,000/t margin will only generate an EBITDA of $10Mpa giving an EPS of $0.002

    SO being extremely generous, with a PE of 10.1, I think the best you can hope for is 2c

    Great post Rob, look at all those other Technologies they can use to Recycle waste ~ sort of devalues IXR's Patents a bit doesn't it?
 
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(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $57.94M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $37.29K 3.390M

Buyers (Bids)

No. Vol. Price($)
39 20863557 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 6223661 16
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Last trade - 14.02pm 25/06/2025 (20 minute delay) ?
IXR (ASX) Chart
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