https://www.copyright link/street-talk/glencore-sells-csa-copper-mine-in-nsw-for-us1-1-billion-20220317-p5a5ml
Over $1bn plus a royalty - for an asset that will earn less than AMI this year
And significantly less once Federation kicks in
This should lead to a re-rate
Or widespread agreement that the SPAC promoters are just in it for the ‘free’ slice of equity
CSA
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $312.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.8¢ | 18.0¢ | $328.7K | 1.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 893293 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 1039710 | 4 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
18.3¢ |
Change
-0.005 ( 1.72 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 18.5¢ | 18.0¢ | 1087356 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| AMI (ASX) Chart |