Yep, cash cow for sure…
$850M revenue doesn’t go to bank… cost of production keep going up ($1.1k/t) and have to pay tax when giving 2H dividends as well…
Time to buy small players like SYA & CXO now….
If P/E ratio doesn’t matter, would you be happy of $5B annual profit & market cap $10B with P/E ratio of 3 to have $3.3 SP…. Like what happening with WHC & co (Coal miners) …I wouldn’t accept market price less than P/E 5…. It’s seriously manipulation
Spodumene Prices, page-3201
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Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |