Yes disappointing figures, but I think the market has discounted a lot of this news, as you say they are still in the ramp up phase. The share price has been week over the last week and in part this was due to a Macquarie note which stated that this year would see lower production figures. It certainly makes them more vunerable to a take over with First Quantum holding 17%, think the Chinese are also expanding in Africa.
good buying opportunities, page-6
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Last
28.5¢ |
Change
-0.010(3.39%) |
Mkt cap ! $35.19M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 28.5¢ | $7.538K | 25.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1220 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 6213 | 1 |
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| Last trade - 12.58pm 02/08/2024 (20 minute delay) ? |
| EQN (ASX) Chart |