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
https://www.copyright link/street-talk/glencore-sells-csa-copper-mine-in...
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $321.3M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 17.5¢ | $2.272M | 12.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55948 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 100000 | 1 |
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