IOH 0.00% 70.0¢ iron ore holdings limited

Actually with the expiry of $1 options coming up over the next...

  1. 7,129 Posts.
    lightbulb Created with Sketch. 845
    Actually with the expiry of $1 options coming up over the next year or so they'll have even more cash - I did a rough calculation on the last quarterly factoring in the options due for expiry over the next 6-12 months and I reckoned a cash position of around $18 million provided most of the options are exercised.

    So the cash position is outstanding for an exploration company and certainly no need to cap raise until conditions are perhaps a bit stronger.
 
watchlist Created with Sketch. Add IOH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.