You sound like quite the bitter ex-boyfriend. I'm sorry you've had such a poor experience with this stock to date. I agree government risk on this one is high, however things are looking rosier than they have in quite some time. Production and sales are up, coal prices are up, and cashflows are positive. If this manages to continue for the next few months they could even turn a profit this year. This is a gambling stock, it could go to zero (although I think that is behind us now), or it could go to 10c come August (post annual results). In which case you'll get your volume. Doubt we'll hit gold, but they are on the hunt for lithium, who knows. And don't waste money on brokers. They make money for themselves. Not you.
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Change
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Mkt cap ! $2.536M |
Open | High | Low | Value | Volume |
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IEC (ASX) Chart |