When you factor in the option is worth north of 10c, we are 15% ahead of the new issue price already. Great start.
There will be some selling when the new stock hits the market but probably will stay in front with the option.
This was a huge fund raise for a small company and there will be some investor fatigue for 1-3 months but if iron ore markets stay strong, IFE is in a good position to power ahead.
That said, TRF is in an even better position at 40.5c. (free carry, ROL shares and low cap. cf IFE)
When you factor in the option is worth north of 10c, we are 15%...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.15M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $11.81K | 3.087M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 23769951 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7946 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| TYX (ASX) Chart |