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?
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Last
53.5¢ |
Change
-0.010(1.83%) |
Mkt cap ! $474.2M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.0¢ | 52.5¢ | $1.416M | 2.657M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25746 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 121850 | 2 |
View Market Depth
| Last trade - 16.11pm 25/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |