give or take that sounds about right. however average pe value for the asx metals is 15. so, even at 20c AIS will be offered at a substantially discounted rate. very substantial.
also, that pe value is based on this financial year. once hedging comes off and if copper price holds then we're looking at a significant jump in profits next financial year. will be north of 100 MIL if im not mistaken. with that will come further exposure and at a modest PE value of 10 you'll get a share price of 50c.
I think that's what we're aiming for and this could very much materialise by the end of the year.
time will be the judge.
give or take that sounds about right. however average pe value...
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Last
25.0¢ |
Change
0.010(4.17%) |
Mkt cap ! $241.8M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 23.5¢ | $884.4K | 3.615M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 113519 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 271198 | 9 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| AIS (ASX) Chart |