Don't forget to put in IGO/IGOO. This company is a producer and is grossly undervalued based on fundamentals. Half yearly result says $9.5m NPAT. Second half will be better again. Market cap around $100m fully diluted.
Recent clearance of overhang of sale from Perilya stake leaves scope for significant rerating over next month. Only negative i can see is teh profit taking from those taking the recent institutional book build of Perilya's stake. Once that tappers off, watch the price run up!!
All the above is MHO....Good investing to all
regards
DF
- Forums
- ASX - By Stock
- SMY
- nickel cash unofficial close 15615.00
SMY
sally malay mining limited
nickel cash unofficial close 15615.00 , page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm