Looks like the market is willing to view MIN as a lithium producer - considering MIN has the 5th largest lithium mine and at full capacity will be producing more than PLS.
IF PLS mc= 7.4b, what should MIN mc=? and therefore what should MIN's sp be ?
So the drop is sp from $65 to $37 was a over reaction to a narrow minded market of seeing MIN as an iron ore producer.
Min and Lithium, page-51
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Last
$51.73 |
Change
-0.810(1.54%) |
Mkt cap ! $10.16B | |||
| Open | High | Low | Value | Volume |
| $52.60 | $52.90 | $51.22 | $90.38M | 1.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 193 | $51.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.80 | 700 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| MIN (ASX) Chart |