I think we're outside the top 20 in market cap now, but still officially a member of the ASX20. Not sure. I can't believe the share price weakness. The selling has been relentless. We're totally out of favour with investors and brokers. A big reversal from 12 months ago. I'm not bothered at all I could triple my holding if the price goes lower and wouldn't feel over-exposed to South32.
@Ashentegra what are your thoughts on the FY result? I haven't seen you here since before the result announcement and always appreciate your opinion on S32's performance.
I suspect acquiring the Khoemacao site will require paying well over the odds. GK and team likely realised it early on. There will be some stupid bids upwards of $2b. Let it go.
I wonder if they would look at something out of left field (non base metals) like graphite, cobalt or uranium, or a near-production nickel project (just for example). Hopefully anything but lithium. A lot of commodities have been smashed this year and those stocks are out of favour; although the copper price has held up comparatively well.
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I think we're outside the top 20 in market cap now, but still...
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Last
$2.94 |
Change
0.110(3.89%) |
Mkt cap ! $13.31B |
Open | High | Low | Value | Volume |
$2.85 | $2.94 | $2.84 | $67.91M | 23.45M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 859 | $2.93 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.94 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21740 | 2.920 |
2 | 36740 | 2.910 |
3 | 34240 | 2.900 |
9 | 35540 | 2.890 |
5 | 38740 | 2.880 |
Price($) | Vol. | No. |
---|---|---|
2.940 | 10000 | 1 |
2.950 | 9865 | 6 |
2.960 | 705 | 1 |
2.980 | 45261 | 6 |
2.990 | 54494 | 5 |
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