If you have the balance sheet fixed and the influence of Hong Kong investors subsiding (ie Argyle bailing) I think you’ll start to see a lot more institutional buying. Hell - someone might even block trade them out. There’s very few ways to get exposure to a pure play tin producer.
Most of the generalist style funds fail to recognise the significance of the change in grade on economics. September quarter gave us a sneak peak. You get grade, recoveries and tin prices lifting ... with no tax, the cash flow yield will moon..
Ann: Reinstatement to Official Quotation, page-35
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45.0¢ |
Change
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Mkt cap ! $403.4M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 45.0¢ | 43.5¢ | $545.3K | 1.222M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 44.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 369440 | 6 |
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