Think MIN is going through a re-positioning stage where it spends capital as a step change to generate more revenue.
Don't think the markets like standing around waiting for the capital investment to increase higher revenues and profits.
Market looks for instant results.
But Tim Roberts knows the cycle stage hence his big share buy.
Hold on, when revenue comes back on stream from Wodgina all will be good.
Thats why the next market report re Wodgina will be very important and this report should not be far off.
Hang in.
Ann: Change of Director's Interest Notice, page-18
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Last
$50.24 |
Change
-0.430(0.85%) |
Mkt cap ! $9.873B | |||
| Open | High | Low | Value | Volume |
| $50.34 | $51.23 | $49.93 | $48.71M | 964.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $50.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $50.29 | 4660 | 1 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| MIN (ASX) Chart |