IEC 0.00% 0.1¢ intra energy corporation limited

Upside maybe?

  1. 103 Posts.
    lightbulb Created with Sketch. 5
    I think IEC is looking promising.

    The way I see it they are currently making $2.44 profit per ton based on the Sept 17 qtr.

    If coal sales for this qtr 45,000 tons continue for the next 3 qtr's they could turn a profit of $1.3 mill

    1.3 mill/356,500,000 shares = $0.00369 per share

    Based on the current share price $0.006 per share this would be a %62 return


    Hopefully if they lift production the costs per ton will drop and fingers crossed teh export ton rate per ton should be better than the $54 they seem to be getting now.
 
watchlist Created with Sketch. Add IEC (ASX) to my watchlist
(20min delay)
Last
0.1¢
Change
0.000(0.00%)
Mkt cap ! $2.536M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
IEC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.