Not very specific . Because the mining upturn is real both should benefit from increasing volumes of business. According to Headley Widdup in WA Today, yesterday (probably the same story in SMH & the Age) mining contractors should be able to increase margins. That being the case both will benefit, Perenti is financially stronger and more diversified so the lower risk bet MDL is very weak so any life line will have a disproportionality positive effect. I know Perenti much better of course because of my historical links to Barminco that were established 30 years ago when they made their name as an underground miner of choice.
All IMVHO
Ann: PRN: Perenti to partner with Sandfire on the Motheo Project, page-4
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Last
$10.49 |
Change
-0.260(2.42%) |
Mkt cap ! $4.917B | |||
| Open | High | Low | Value | Volume |
| $10.51 | $10.51 | $10.41 | $2.190M | 208.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 375 | $10.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.51 | 714 | 6 |
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| Last trade - 10.14am 04/10/2024 (20 minute delay) ? |
| SFR (ASX) Chart |