Looking like good value at this price. RIO with the option to convert their options at 53.5c on 14 July and take their holding to 19.9%. Don't think they will be mucking around with a project of this potential. I would expect things to be accelerating. The Malawi Govt would also be keen to see this progress quickly and generate earnings.
Ann: December 2023 Quarterly Report, page-2
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Last
53.5¢ |
Change
0.025(4.90%) |
Mkt cap ! $301.2M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 53.5¢ | 51.5¢ | $241.6K | 464.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 78794 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 120000 | 2 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
53.0¢ |
Change
0.025 ( 2.91 %) |
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| Open | High | Low | Volume | ||
| 51.5¢ | 53.5¢ | 51.5¢ | 91431 | ||
| Last updated 15.54pm 10/05/2024 ? | |||||
| SVM (ASX) Chart |