yeah I took $70 profit per ton using a P/E ratio of 10 at 77m shares and applied 30% discount= $31/share and halved that to a conservative $15/share. I know it's a 5-10 year play but some work for 30 years and are no where close to retirement. 7 years will fly by so quickly when you have a child. All good, I know what I'm doing.
can't wait to see who is on the other end of this negotiation. nippon steel? rio/bhp/fortescue? posco? kinda/bahrain/Arian steel? meranti steel in Singapore? next 3 months is going to be exciting. let's go mgt!!
yeah I took $70 profit per ton using a P/E ratio of 10 at 77m...
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Last
27.5¢ |
Change
-0.005(1.79%) |
Mkt cap ! $27.07M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.5¢ | $21.87K | 78.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 98251 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 151367 | 3 |
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| Last trade - 15.35pm 26/06/2024 (20 minute delay) ? |
| MGT (ASX) Chart |