MRE may be down a little over concern about quarterly production result.
Replacement cost of plant at 2.5 billion suggests a value of $5.50 a share although this would be subject to steady state nameplate production.
There are persistent rumours of a play by BHP. This would be a good move by BHP given the $100 M plus of estimated synergistic benefits. At current prices, a takeover could be 100% debt funded. Expect general upside on this stock.
MRE may be down a little over concern about quarterly production...
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Last
$1.99 |
Change
0.010(0.51%) |
Mkt cap ! $301.3M | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.00 | $1.96 | $969.9K | 487.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20560 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 15256 | 1 |
View Market Depth
| Last trade - 15.05pm 16/09/2025 (20 minute delay) ? |
| MRE (ASX) Chart |