IMO stock is under valued.Positive cash flow of over A$100 million during year 2009. Debt free, cash on hand as at end Dec 2009 over A$245 million.
Good recovery in Nickel prices during last quarter, no dividend as management are considering growing the business.
I would like to see a share buy back or a special dividend .
DYOR
please do not disturb- shortsellers at work, page-14
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Last
$1.99 |
Change
0.010(0.51%) |
Mkt cap ! $300.5M | |||
| Open | High | Low | Value | Volume |
| $1.97 | $1.99 | $1.97 | $314.8K | 159.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3199 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 107001 | 4 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MRE (ASX) Chart |