The grades reported to date look quite good & future discovery prospect are promising but the demand & price for both zircon & rutile have been declining & worldwide discoveries of mineral sand deposits are increasing.
Iluka has reported reduced demand & price & have lowered their extraction rates as well as their interim dividend.
Iluka's price has declined from $16 to about $9.
Perhaps this is the reason for the fall in SFX
sfx new valuation $1.10, page-7
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $78.96M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $8.761K | 43.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16490 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 14.12pm 04/11/2024 (20 minute delay) ? |
| SFX (ASX) Chart |