Can't agree more re iron ore prices being our biggest risk, especially for FEX being a high cost producer.
I think a fair market cap is 1x NAV + 1x forward earnings with a discounted IO price. Which means we're pretty close to fair value as we speak, with potentially some additional premium already in there for future project expansion. But that's just my opinion, happy for anyone to disagree and argue a different valuation method.
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $207.5M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 27.0¢ | $93.2K | 335.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 160666 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 331958 | 8 |
View Market Depth
| Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
| FEX (ASX) Chart |