When I bought FEX back in March, I was told they expected to gain a net operating profit of $100/t for $6 million per 60,000t load. It seems to me that at $85 AUD costs per ton, and an IO price of say average for our grades of $200USD we come in with $272 AUD for a net of $187. At the hedged price ($235 AUD) we get $150AUD net or 50% more than that expected not so long ago. The figures all look good to me. I'm not sure why anyone would be too worried. So though I don't hold many as I'm not a big investor, I did add to my holdings this week because I view the current price as too cheap.
When I bought FEX back in March, I was told they expected to...
-
- There are more pages in this discussion • 2,134 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $229.7M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.5¢ | $207.8K | 669.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 330000 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 161893 | 4 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| FEX (ASX) Chart |