That shipping rate has escalated sharply
UP 5MTpa
UP 13Ktpm from May rates or 22% UP
& thats UP 46% from April rates too
A PER of 4.0 on my maths
FMG RIO BHP PER are all 9.00-12.00
double to triple MIN PER
How on earth with booming increased production can the market justify a low PER
How on earth are those SHORT SELLERS not doing hari kiri with a samurai right now or their pit bosses not escorting them out the door with a police escort ?!
Its normally a PER of 15-25 when growth is escalated, even on their figures of 30MTpa for june thats double the markets assessments which are stuck in April figures of 15.6MTpa.
i guess as the SHORT SELLERS cant read, write, do primary school maths & burn other peoples money super & shares on credit loans at junk bond rates, they think they are untouchable.
guess what, no your not untouchable, you are busting your crddit limits & your banks AUM short sellers & soon pink slips for you all.
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MIN
mineral resources limited
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8.64%
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$28.12

That shipping rate has escalated sharplyUP 5MTpaUP 13Ktpm from...
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Last
$28.12 |
Change
-2.660(8.64%) |
Mkt cap ! $5.512B |
Open | High | Low | Value | Volume |
$29.03 | $29.19 | $27.65 | $93.75M | 3.319M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 135 | $28.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$28.13 | 1196 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 67 | 28.160 |
7 | 488 | 28.150 |
5 | 410 | 28.140 |
9 | 1161 | 28.130 |
5 | 1062 | 28.120 |
Price($) | Vol. | No. |
---|---|---|
28.170 | 1995 | 2 |
28.180 | 229 | 5 |
28.190 | 655 | 4 |
28.200 | 4261 | 9 |
28.210 | 1796 | 4 |
Last trade - 14.40pm 31/07/2025 (20 minute delay) ? |
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MIN (ASX) Chart |