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
$3.10 |
Change
-0.020(0.64%) |
Mkt cap ! $289.5M | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.28 | $3.10 | $419.2K | 131.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 844 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 2795 | 4 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BRE (ASX) Chart |