That's roughly 8% per year, not a bad return on investment, and dividends along the way, making it roughly 10% per year..
Not bad in any metric?
When Ashburton comes online, I think we'll see a significant rerate:
30mt at a cost price of about $40/t
Say cost price goes up to $50 and IO price drops $100, we'd be looking at roughly $1.5 Bil earnings per year, worth up to $15 Bil to Mcap, so could really make a difference!
Time will tell, GLTAH!
That's roughly 8% per year, not a bad return on investment, and...
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Last
$61.01 |
Change
-1.360(2.18%) |
Mkt cap ! $11.95B | |||
| Open | High | Low | Value | Volume |
| $61.97 | $62.05 | $60.92 | $77.08M | 1.238M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1502 | $61.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $61.07 | 20 | 1 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$61.05 |
Change
-1.360 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| $61.97 | $62.04 | $60.93 | 48106 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| MIN (ASX) Chart |
