Ya joking right? It's going to get pounded. The question is, at what price is there value again?
I'm interested, but clearly MIN needs a pretty high IO price to maintain its current operations. MIN extremely leveraged to IO price, and my confidence that it stays at these elevated levels is not that high. China will likely continue to play games, so what's the long term average price going to be? I'm in the over $100 camp, but clearly that isn't enough for MIN unless they can find some significant cost savings. Labor isn't getting cheaper.
This is why FMG is a more desirable prospect IMO.
- Forums
- ASX - By Stock
- MIN
- Ann: FY22 Half Year Investor Presentation
Ann: FY22 Half Year Investor Presentation, page-9
-
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MIN (ASX) to my watchlist
|
|||||
Last
$44.81 |
Change
-1.570(3.39%) |
Mkt cap ! $8.805B |
Open | High | Low | Value | Volume |
$45.75 | $45.90 | $44.75 | $51.40M | 1.141M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 47 | $44.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$45.00 | 5012 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 858 | 44.800 |
1 | 500 | 44.780 |
1 | 200 | 44.760 |
3 | 521 | 44.700 |
1 | 400 | 44.690 |
Price($) | Vol. | No. |
---|---|---|
45.000 | 5000 | 2 |
45.100 | 1000 | 1 |
45.150 | 1000 | 1 |
45.240 | 1000 | 1 |
45.250 | 1000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
MIN (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online