IFE looks to be massively undervalued.
IFE has better quality iron ore.
IFE is valued lower per ton of ore.
IFE is moving into low cost production this year. So IFE is closer to production than most iron ore juniors.
IFE looks to me to be on an incredibly low forward PE.
IFE only has about 44 million shares on issue following the recent 1 for 10 rights issue to all shareholders.
IFE looked after its shareholders and did not dilute them by making a placement which would have been very easy to do.
IFE has not given away equity in its iron ore assets to overseas interests in order to move into production.
compared to other iron ore juniors ...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.25M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $23.46K | 2.932M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 19351791 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 4194894 | 3 |
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| Last trade - 10.12am 01/03/2021 (20 minute delay) ? |
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Last
0.7¢ |
Change
0.000 ( 12.5 %) |
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| Open | High | Low | Volume | ||
| 0.8¢ | 0.8¢ | 0.7¢ | 1165000 | ||
| Last updated 13.40pm 01/03/2021 (live) ? | |||||
| TYX (ASX) Chart |