I would suggest the opposite, cash is king in such a situation.
They are undervalued to the tune of $100M and they still have small production.
Basically now this isn't an iron ore stock but an asset play.
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Last
31.0¢ |
Change
-0.005(1.59%) |
Mkt cap ! $380.7M |
Open | High | Low | Value | Volume |
31.5¢ | 31.8¢ | 30.8¢ | $304.1K | 975.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 388299 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 113411 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 367108 | 0.310 |
13 | 440254 | 0.305 |
22 | 479642 | 0.300 |
6 | 120333 | 0.295 |
6 | 116018 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 113411 | 23 |
0.320 | 247814 | 12 |
0.325 | 108421 | 7 |
0.330 | 111354 | 5 |
0.335 | 132800 | 4 |
Last trade - 13.09pm 29/08/2024 (20 minute delay) ? |
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