Wise IEC shareholders will be actively mopping up the 10m IEC shares Bill Paterson holds at prices around 2.5-3c over the course of the week before a very positive quarterly statement from IEC. Current market cap $9m - this quarterly show net debt -ve$3m (ie positive cash of $3m) and expected NPAT of $6m (FY19). Therefore trading at 1x and no value for proven reserves and the Ministry of Mines and Minerals just about to award IEC further mining licences. IEC market cap should be +50m
Patterson's interest
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $2.536M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $12.51K | 6.255M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 69066955 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 12428688 | 8 |
View Market Depth
| Last trade - 10.07am 30/07/2024 (20 minute delay) ? |
| IEC (ASX) Chart |