Current market cap of $2.3b, adding cash of $1.59b for the sale... Should be huge spike in SP
Net assets as at 30 June were $1.3b plus the $1.59b from Albermarle is already $2.9b in Net assets. If you add the value of the other half of the mine the net assets would increase to $4.5b which would put the SP at $24.
Not saying it will go that high but this is a great result and should be a good increase in SP from the current lows
News: MIN Albemarle Signs Exclusivity Agreement With Mineral Resources Ltd, page-17
-
- There are more pages in this discussion • 144 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$54.31 |
Change
2.440(4.70%) |
Mkt cap ! $10.65B | |||
| Open | High | Low | Value | Volume |
| $53.10 | $55.40 | $53.10 | $41.18M | 754.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11 | $54.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $54.32 | 326 | 11 |
View Market Depth
| Last trade - 13.32pm 26/07/2024 (20 minute delay) ? |
| MIN (ASX) Chart |