johnrap, It is so cheap because market doesn't like coal at this moment. All coal stocks are hit very hard, a lot of them only 10-20% left compared to 1 year ago. An example, BND has $81 mil cash in hand, It was sold down to market cap only $55 mil.
What we can do now is waiting the debt facility to complete and progress to production. Share price may run its own course eventually. The email for David is: [email protected], You can express your idea to him.
- Forums
- ASX - By Stock
- IKW
- profit more than market cap, no brainer
profit more than market cap, no brainer, page-167
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm