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.
- Forums
- ASX - By Stock
- IEC
- Upside maybe?
Upside maybe?
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
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 |
0.1¢ | 0.1¢ | 0.1¢ | $1K | 1M |
IEC (ASX) Chart |