Actually, I am not surprised you cannot see it! Shows just what you know. Right now Cash balance is dropping and on page 19 of SAR you can see it is 934M. Which is fine to round to 1B but true rounding would be 900M. Now go look All the projects and you will see. That 500M too 600M is already committed. They plan to do more projects so that will be more cash. For a well run company 2 Qs of cash is a good amount. to have on hand. I will admit some companies only carried a few weeks. So I think if you dig deeper you may learned that a 1 B is not as much as it looks like. If you listen to MP CC they have 1.4B US cash on hand 2.14 B AUD. Because of expansion into Metals and magnets. They are also planning capacity expansion even though right now they have no capacity online.
Actually, I am not surprised you cannot see it! Shows just what...
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Last
$7.06 |
Change
0.040(0.57%) |
Mkt cap ! $6.599B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.12 | $6.92 | $27.09M | 3.845M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 75156 | $7.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.08 | 480 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |