That is fair and pretty much in line with my view.
But trading at an EV of 2.5x cashflow at depressed tin prices is a good enough margin of safety for me. I am willing to hold for the next few years. Only need one more up cycle in tin in the next couple years and this could trade EV of zero depending on capital allocation decisions.
That is fair and pretty much in line with my view. But trading...
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Last
43.0¢ |
Change
-0.005(1.15%) |
Mkt cap ! $385.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.3¢ | 42.5¢ | $1.125M | 2.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 265 | 2 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |