Non-controlling interests represent an additional $5-$6 million per year. Drop in PBT could well be due to increased interest payments on their large debt.
I expect final EPS to be at 2020 levels, somewhere around 40 cents for the full year. Anything above that is a stellar performance.
Shares have been sold off expecting much worse than this, that is likely why we saw a rally from $3.20s to now $3.50s following this announcement.
Employment is strong nationally with inflation dropping. HVN is trading at book value right now.
It would not be unreasonable to expect a SP of ~$5 if results are as expected and rate rises drop off in the 1H24.
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Non-controlling interests represent an additional $5-$6 million...
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Last
$4.32 |
Change
0.070(1.65%) |
Mkt cap ! $5.382B |
Open | High | Low | Value | Volume |
$4.23 | $4.33 | $4.23 | $8.954M | 2.080M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 42902 | $4.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.33 | 16823 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 883 | 4.320 |
2 | 4839 | 4.310 |
5 | 20632 | 4.300 |
6 | 31570 | 4.290 |
5 | 18251 | 4.280 |
Price($) | Vol. | No. |
---|---|---|
4.330 | 15441 | 2 |
4.340 | 5259 | 2 |
4.350 | 3815 | 2 |
4.360 | 7022 | 3 |
4.370 | 2522 | 1 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$4.31 |
  |
Change
0.070 ( 1.62 %) |
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Open | High | Low | Volume | ||
$4.25 | $4.33 | $4.23 | 471987 | ||
Last updated 15.59pm 13/05/2024 ? |
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HVN (ASX) Chart |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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