large volumes being bought since sub 60c low suggest we have large instos buying in. They all know there is a big deal - actually two - POSCO JV and up to 49% sale of the resource. This sale will derisk the project massively and have the company massively cashed up to build stage 2&3 in tandem. Production levels will then be through the roof bringing in massive caah flows. A rerate is inevitable. IMO Entry into ASX100 is inevitable...
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Last
$2.67 |
Change
-0.010(0.37%) |
Mkt cap ! $8.040B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.72 | $2.63 | $51.42M | 18.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28879 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 287620 | 11 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |