If he doesn't do something about the share price trading at a massive discount to NTA he may not have a choice. I think NTA is around AUD$3.40 They have built a great company from nothing in 2003 but the market is not valuing it and listed companies tend to get taken out if they trade like that for too long.
Iron Ore Price, page-2853
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 (20min delay)
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |