I'm not too sure whether it is premature or not to create a study and investment decision on Rentails.
If their ongoing mine optimisation/resource study aims to grow Renison ore reserves year on year, net of depletion, and they have 10 years of production left, why not sit on it? I think the low price of this stock is due to the market not having confidence that this stock will ever pay a dividend. Maybe they could both do, Rentails and pay a dividend? With the dividend being a first focus?
Ann: Quarterly Activities Report, page-5
-
- There are more pages in this discussion • 8 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 MLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
-0.015(3.45%) |
Mkt cap ! $380.6M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.5¢ | 42.0¢ | $1.533M | 3.581M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3725 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 1372 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |