The impact of not purchasing Matsa would have been a far greater negative impact on the share price. Basically there would be stuff all income while Motheo came on line and the WA assets wound up. Yes, it was a large spend however it underpinned the companies ability to continue effectively trading while other mines are developed. IMO it was a master stroke to ensure longevity of the company. Those $3.30 lows were an awesome buying opportunity for the longer term outlook. The returns against those lows once debt is reduced will be outstanding IMO.
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Last
$12.42 |
Change
-0.115(0.92%) |
Mkt cap ! $5.748B | |||
| Open | High | Low | Value | Volume |
| $12.50 | $12.57 | $12.41 | $2.436M | 194.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 3841 | $12.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.42 | 2697 | 16 |
View Market Depth
| Last trade - 11.37am 17/09/2025 (20 minute delay) ? |
| SFR (ASX) Chart |