Discussion on SP, page-875

  1. 5,826 Posts.
    lightbulb Created with Sketch. 5855
    Good post. This speaks to the dilemma that a prospective investor (like me) has. When a company trades at a discount to peers, is it as simple as thinking “the market will correct this, eventually”, or is it trading at a discount because the market has already decided it is worthy of it?

    I noticed this between the likes of YAL (also high Chinese ownership) and WHC in about May/June of last year. In the end I went with the company the market was awarding the premium too, and it paid off - the premium kept being increased. Sometimes it’s easier just to go with the one the market likes more (especially if it’s not a LT hold) than try to pick the undervalued play. The problem with tin is there really is no sensible ASX alternative…!
 
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(20min delay)
Last
53.0¢
Change
-0.015(2.75%)
Mkt cap ! $469.7M
Open High Low Value Volume
54.5¢ 55.0¢ 52.8¢ $744.0K 1.389M

Buyers (Bids)

No. Vol. Price($)
4 29994 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.5¢ 31872 3
View Market Depth
Last trade - 16.14pm 23/06/2025 (20 minute delay) ?
MLX (ASX) Chart
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