If it somehow opens below 20c, that would be the time to load up. Company is only returning $100m, that doesn't justify it having a stock price that values it below a $100m.
At that price it would remain significantly below cash backing with another $80m to come, still have decent projects to barter/sell and make it an attractive target for Evraz.
special div, page-8
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $80.35K | 80.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 31658116 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 115578703 | 44 |
| Last trade - 15.55pm 01/11/2024 (20 minute delay) ? |
| CLE (ASX) Chart |
Day chart unavailable