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
$11.33 |
Change
0.350(3.19%) |
Mkt cap ! $5.201B | |||
| Open | High | Low | Value | Volume |
| $11.35 | $11.57 | $11.24 | $30.71M | 2.693M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $11.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.37 | 2610 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SFR (ASX) Chart |