The impact of not purchasing Matsa would have been a far greater negative impact on the share price. Basically there would be stuff all income while Motheo came on line and the WA assets wound up. Yes, it was a large spend however it underpinned the companies ability to continue effectively trading while other mines are developed. IMO it was a master stroke to ensure longevity of the company. Those $3.30 lows were an awesome buying opportunity for the longer term outlook. The returns against those lows once debt is reduced will be outstanding IMO.
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Last
$12.40 |
Change
-0.135(1.08%) |
Mkt cap ! $5.700B | |||
| Open | High | Low | Value | Volume |
| $12.50 | $12.57 | $12.38 | $5.550M | 445.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 3172 | $12.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.40 | 24 | 4 |
View Market Depth
| Last trade - 14.12pm 17/09/2025 (20 minute delay) ? |
| SFR (ASX) Chart |