Yea ugly, didnt expect this, looks like it will test $2.
But the company hasnt changed, it has a NTA of 2.38, I read CITI or someone expected a write down of $500M on manganese, which is around 5% which could take NTA down to $2.26. I think all their other assets are good, it would be disturbing if there where more writedowns. All the analysts i read expected its fair value above its NTA.
Im expecting it to come back, but might take months.
Its always darkest before dawn.
Yea ugly, didnt expect this, looks like it will test $2. But the...
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Last
$3.01 |
Change
0.050(1.69%) |
Mkt cap ! $13.63B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.07 | $3.01 | $47.82M | 15.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 222748 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 22541 | 1 |
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| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| S32 (ASX) Chart |