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?
I'm not too sure whether it is premature or not to create a...
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Last
47.0¢ |
Change
-0.010(2.08%) |
Mkt cap ! $421.4M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 49.3¢ | 46.5¢ | $1.229M | 2.586M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 84330 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 375 | 1 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |