Yeah look I get that people want a return and that capital management is important etc. I also agree doing nothing with the cash is inefficient at this point.
On the flip side I am not sure when all resource investors seemed to become boomers. If I wanted to buy yield plays I wouldn't be buying resource shitcos to be honest. But that is just me.
Taronga has a reasonable IRR. They can probably develop it (if got a reasonable debt/equity split) and still do capital returns depending on what the outcome of rentails is.
Everyone seems to want all management to never pursue any growth anymore though and I think that's just not a realistic view
Yeah look I get that people want a return and that capital...
-
- There are more pages in this discussion • 82 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
44.0¢ |
Change
0.010(2.33%) |
Mkt cap ! $394.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.5¢ | 42.5¢ | $477.5K | 1.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 223 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 104353 | 7 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| MLX (ASX) Chart |