Dear FedExpress
Ni must come off at some point in time but it actually has gone up almost A$6,000 since mid-September.
At US$31,505, it is some US$2,300 above its average for the half and way above broker models.
Hard to see it really coming off very much in the next 12 months with the supply side restrictions.
Given Minara management believe that the plant would cost at least US$2.5 billion to replace and that the stock is therefore still trading at a discount to replacement, Minara is still an attractive takeover target.
Regards Eos
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Last
$1.98 |
Change
0.000(0.00%) |
Mkt cap ! $299.8M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.97 | $450.3K | 228.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 471332 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 17582 | 2 |
View Market Depth
| Last trade - 15.58pm 15/09/2025 (20 minute delay) ? |
| MRE (ASX) Chart |