Looking like good value at this price. RIO with the option to convert their options at 53.5c on 14 July and take their holding to 19.9%. Don't think they will be mucking around with a project of this potential. I would expect things to be accelerating. The Malawi Govt would also be keen to see this progress quickly and generate earnings.
Ann: December 2023 Quarterly Report, page-2
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Last
52.5¢ |
Change
-0.010(1.87%) |
Mkt cap ! $295.5M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.0¢ | 52.0¢ | $157.7K | 298.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 119137 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 109533 | 3 |
View Market Depth
| Last trade - 13.21pm 13/05/2024 (20 minute delay) ? |
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Last
52.5¢ |
Change
-0.010 ( 0.30 %) |
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| Open | High | Low | Volume | ||
| 52.0¢ | 53.0¢ | 52.0¢ | 37135 | ||
| Last updated 13.10pm 13/05/2024 ? | |||||
| SVM (ASX) Chart |