As others have commented. Massive short term hit but over the longer term with lower tonnage prices not so much. Problem is the current share price reflected the $600 a tonne and paying off that large debt quickly to hedge against a sliding tonnage price. Not to mention the absolute sovereign risk we now have in Queensland and every Labor State. NSW is still at 8.5% royalties. At least they have a brain of sorts. Anglo American boss just came and said this increase was inconceivable. He’s not being dramatic.
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Last
$1.93 |
Change
0.050(2.66%) |
Mkt cap ! $1.739B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.93 | $1.84 | $13.66M | 7.102M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 61058 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.94 | 18547 | 5 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| SMR (ASX) Chart |