Maybe the real numbers lie somewhere inbetween as Bell Potter July 2024 report has FY26 Div at just under $4.00 and NPAT at 1.75B
and when I say inbetween I mean very very very far away from $10 - like how far the moon is from the Earth - and very very very much closer to $80.
and 4 years from now - by 2028 when IO output is about 90 mtpa and the IO price well and truly back by then - gas will be flowing from the Perth basin - Lithium prices will have recovered - and the mining services arm of MIN tripling from here - I see 150 - $200 by 2028 and a Div of $10 - $15
MIN $10 Share Price, page-5
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Last
$30.65 |
Change
-1.550(4.81%) |
Mkt cap ! $6.023B | |||
| Open | High | Low | Value | Volume |
| $32.50 | $32.90 | $30.17 | $96.53M | 3.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4976 | $30.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.67 | 11335 | 2 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MIN (ASX) Chart |