They're on board with a small amount of their portfolio. This is a highly speculative play. For example, whitehaven is worth 6.43 billion. It owns 8% ? Of BRE which is around 300mil market cap? So around 24million. So the equivalent of about 3%. That is all that really should be invested into a speculative mine in a foreign country with no earning history, 1-3% of your portfolio.
IPO - Brazilian Rare Earths Limited - 21 December 2023 #, page-26
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Last
$2.61 |
Change
-0.130(4.74%) |
Mkt cap ! $243.7M | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.79 | $2.61 | $405.5K | 152.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | $2.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 10000 | 1 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| BRE (ASX) Chart |