Accepting the case that FND is no longer a speccy and with no debt in about 12 months and if the copper price goes over $3 and stays there the earnings of $60-$70m a year makes a case for a MC of about $350m or a SP of about 45c.
Short term should be good for a quick 20% profit but over about 12 months may be a 2 bagger, if copper does a runner to $4 then potentially a 3 bagger as the leverage to the copper price is very high. DYOR
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Last
$3.56 |
Change
0.010(0.28%) |
Mkt cap ! $220.0M | |||
| Open | High | Low | Value | Volume |
| $3.55 | $3.61 | $3.55 | $300.7K | 84.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3485 | $3.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.60 | 2211 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| FND (ASX) Chart |