WB the buyback is useful while the share price is depressed. If for whatever reason the price rerated to let’s say - the mid 40s, I would hope to buy back ceases.
I have recently bought into Yancoal - 65% Chinese owned , and I can assure you based on their actions , paying very juicy dividends is not a problem for the Chinese. But they have already,l gone through their asset acquisition and capex phase and now simply spitting out very high FCF .
I am confident if metals X gets rentails up and running successfully and maintained a 10 year my life we will see very strong dividends coming to us
WB the buyback is useful while the share price is depressed. If...
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Last
57.5¢ |
Change
0.015(2.68%) |
Mkt cap ! $509.6M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 58.0¢ | 56.5¢ | $1.611M | 2.820M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 217848 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 14724 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |