The MIN stock has been oversold today/down 3%. A perfectday for shorters to attack the stock in light of a slight operationaldisruption. It should bounce back as AGM is just around the corner andwith that comes plenty of "GOOD NEWS" I encourage you all to check out the share price performance around last years AGM, especially between 20 and 24 November, it got a pretty big sugar hit. I think the critical indicator if EBITDA forecast is anything under $500M that will seen as unfavourable, anything above $550M is growth of 10% and ticks the investor box. DYOR as always.
Finally, there could be surprises like detail around the 49% sale of Wodgina. How will they apply the funds etc. Personally, l am hoping for a share buyback of around 5% and/or announcement from the board they have approved the build hydroxide plant at Wodgina.
The MIN stock has been oversold today/down 3%. A perfectday...
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Last
$40.15 |
Change
-0.460(1.13%) |
Mkt cap ! $7.890B | |||
| Open | High | Low | Value | Volume |
| $39.95 | $40.56 | $39.90 | $142.8M | 3.549M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2323 | $40.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.24 | 3692 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| MIN (ASX) Chart |