hi multi, I agree 100% regards the management, they just play games, and keep everything a secret, I say get rid of them, we are owners of the ore, they are the employees, I think they should be reminded of that from time to time. There has been more that .05 cents a share been spent by management to were we are now, if you just take the I/o value alone and do not add any extra value at all, it makes the iron ore found so far worth only .50c per ton per share, that is just a mile to low,(adding all possibilities), then when you add in all infrastructure, etc etc, then you get about $1.00 per ton per share, add in transport, port costs, you come in at about $65.00 cost per ton , that leaves a very nice margin if you moving ore, but even at where we stand right now, the shares shoud be worth at least 10% of their potential net profit value, so equation works out at about .30 cents, it is no accident that the Russians paid exactly .30c, that is just a rough guide, but even if its rough its a long way from .02cents,do you agree of even a little of what I am suggesting. best regards.
- Forums
- ASX - By Stock
- t/o
hi multi, I agree 100% regards the management, they just play...
-
-
- There are more pages in this discussion • 11 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
Add RHK (ASX) to my watchlist
(20min delay)
|
|||||
Last
80.5¢ |
Change
0.005(0.63%) |
Mkt cap ! $160.8M |
Open | High | Low | Value | Volume |
80.5¢ | 80.5¢ | 80.5¢ | $1.24K | 1.54K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2531 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
89.0¢ | 2368 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2531 | 0.790 |
1 | 16200 | 0.760 |
2 | 5573 | 0.740 |
1 | 1309 | 0.700 |
1 | 7246 | 0.690 |
Price($) | Vol. | No. |
---|---|---|
0.890 | 2368 | 1 |
0.910 | 20000 | 1 |
0.980 | 10000 | 1 |
1.000 | 1812 | 2 |
1.030 | 5500 | 1 |
Last trade - 11.02am 12/07/2024 (20 minute delay) ? |
Featured News
RHK (ASX) Chart |