Market asleep on this one. Low liquidity allows for small volumes to drive large % drops. Hard to build a decent size position but when it moves could be an MCM...
The day before the deal was announced it closed at 21c. Now all the Chinese approvals have been received and just awaiting FIRB and it trades down to 21.5c. The iron ore price has been in the doldrums but the market is pricing this deal as a complete failure.
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 (20min delay)
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Last
23.0¢ |
Change
0.015(6.98%) |
Mkt cap ! $54.44M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.5¢ | $13.48K | 59.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36388 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 47216 | 4 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| CZR (ASX) Chart |