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
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $329.5M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 19.0¢ | $262.7K | 1.363M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 606573 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 508055 | 15 |
View Market Depth
| Last trade - 11.09am 24/05/2024 (20 minute delay) ? |
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Last
19.5¢ |
Change
0.005 ( 0.26 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.8¢ | 19.0¢ | 607780 | ||
| Last updated 11.20am 24/05/2024 ? | |||||
| AMI (ASX) Chart |