Because they'd be using credit to buy it.
And if it's not returning the same yield as MAC, which is one of the most favourable royalty arrangements in the world, then it'll be dilutionary for all share holders.
Unlike real corporates, size does not benefit our business model.
We have yield, growth and life of mine through to 2045. Management can not improve on this with any possible purchase. They can only devalue it
Because they'd be using credit to buy it. And if it's...
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Last
$3.95 |
Change
0.030(0.77%) |
Mkt cap ! $2.094B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.97 | $3.90 | $2.193M | 555.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3913 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 14804 | 4 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| DRR (ASX) Chart |