I hadn't realised the EV had got down that low .
Does seem like bargain territory .
I'm not down on SLR as much as I am on Sugar Zone .Extreme conditions in a long winter increase costs and IMO even without that nothing fantastic IMO.
Previous operators couldn't make it work economicaly and best scenario I can see is a marginal asset at current GP .
if I was a SLR holder I would be keen to see it put on care and maint. and just admit the error in purchasing ie cut losses
So yeah ....could be a target for RMS .....at this price might not even depend on agreement -possibly an " unfreindly "
New management could make a hard decison on SZ (if needed ) .
GP bottom, page-24
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Last
$2.11 |
Change
0.055(2.68%) |
Mkt cap ! $2.450B | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.15 | $2.10 | $2.497M | 1.174M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 39968 | $2.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.11 | 35826 | 27 |
View Market Depth
| Last trade - 12.58pm 19/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |