I disagree with you there. Share price doesn't have a correlation with the true value of every business. We regularly see that share price of a $100bn in situ resource is almost always priced at between 1-5% of that. Gina in fact is genius, because if she loses a billion here or there, she will more than make that up in multiples over the life of mine. She plays the long game. The only people who are royally screwed are retail investors.
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Last
$16.21 |
Change
1.180(7.85%) |
Mkt cap ! $994.2M | |||
| Open | High | Low | Value | Volume |
| $15.10 | $16.26 | $14.91 | $4.729M | 298.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 267 | $16.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.21 | 1 | 1 |
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| WA1 (ASX) Chart |