Bot the puke today.
Board should just spin off the tin assets, provided there are no restrictions on change of control. Even at lower end of reduced guidance and upper end of AISC, Renison is worth at least $0.14/sh (4x EBITDA multiple @ US$20,000/t) and as much as $0.27/sh (6x EBITDA multiple @ US$22,000/t).
Ann: Shareholder Update, page-75
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Last
43.0¢ |
Change
-0.020(4.44%) |
Mkt cap ! $389.6M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 44.5¢ | 42.0¢ | $1.498M | 3.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 108797 | 5 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
43.3¢ |
Change
-0.020 ( 2.81 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.0¢ | 42.0¢ | 1332333 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| MLX (ASX) Chart |