The company need extra capital if Nifty not getting sold quickly.
A CR make sense if they want to financially positioned to negotiate a better deal from suitors (BHP or FMG).
This has been previously flagged given Tin price is lower recently.
So either a CR, or a fire sale of Nifty, can't avoid both.
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 (20min delay)
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Last
54.5¢ |
Change
0.015(2.83%) |
Mkt cap ! $483.0M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.8¢ | 53.5¢ | $978.7K | 1.807M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20196 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 90405 | 3 |
View Market Depth
| Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |