The spot price for NEWC is around $160 now, which is causing some concern among investors.
The way I look at it though is that every $1 above the price of NEWC now, has a 20% minimum royalty and is pure profit so 30% tax liability. Please not I am using rough figures.
My point is that TER will be making strong profits with NEWC hovering around the current price as each $1 above our cost per tonne and under $175 is where we make the most coin.
TER UNDERVALUED FAIR VALUE $1.20, page-796
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $176.2M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 20.5¢ | $581.0K | 2.685M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 485 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 592417 | 15 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TER (ASX) Chart |