For me its three reasons why the share price is still where it is:
- very capex intensive business
- mining industry with very varying margins over the years
. Bata Hijau extension still not finalized
Nevertheless I think a share price of 30-35 cents would be justified here. I will keep waiting for now.
Under The Radar, page-155
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Last
33.0¢ |
Change
0.010(3.13%) |
Mkt cap ! $711.1M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 32.0¢ | $365.6K | 1.122M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 159282 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 397192 | 5 |
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