MIN 1.40% $78.13 mineral resources limited

Min and Lithium, page-3

  1. 565 Posts.
    lightbulb Created with Sketch. 149
    Yeah it has been going sideways for a few months. But in saying that it has gone up about four fold from its lower of 2020.

    that doesn't mean it's not still extremely undervalued compared to the likes of PLS GXY AND ORE....An opportunity in time for those that haven't entered the foray yet.

    what is holding it back? Maybe simply end of year profit taking and share price consolidation.

    even I, regrettably, got tempted into selling some at $47 although I've been telling myself for two years now that I won't be selling for less than $80. Which on reflection is not that high given it produces a market cap of approx 16b...very defendable and if lithium takes off...God where will it go?

    mining services is another brilliant piece.

    It ticks all the investment criteria you can think off...best management, great business and fantastic tailwinds in all its commodities, with a strong balance sheet and great jurisdiction to be in, great dividend.



    Last edited by abz D: Grammer 23/06/21
 
watchlist Created with Sketch. Add MIN (ASX) to my watchlist
(20min delay)
Last
$78.13
Change
-1.110(1.40%)
Mkt cap ! $15.35B
Open High Low Value Volume
$79.70 $79.76 $78.11 $21.63M 274.3K

Buyers (Bids)

No. Vol. Price($)
15 707 $78.10
 

Sellers (Offers)

Price($) Vol. No.
$78.13 244 13
View Market Depth
Last trade - 14.42pm 22/05/2024 (20 minute delay) ?
Last
$78.13
  Change
-1.110 ( 0.90 %)
Open High Low Volume
$79.66 $79.70 $78.07 18397
Last updated 14.59pm 22/05/2024 ?
MIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.