IEC 0.00% 0.2¢ intra energy corporation limited

Yes, it looks like they are profitable, however the company is...

  1. 155 Posts.
    lightbulb Created with Sketch. 12
    Yes, it looks like they are profitable, however the company is still blessed with so much sovereign risk and are highly reliant on a stronger coal price.



    A lower average coal price of say ~55, which is what the sept-17 quarter looked like, may near have bankrupted them.

    If coal prices stay at or above the current levels and the government leaves it alone, this stock could be a really exciting story this year.
 
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