Gina Rinehart emerges as big investor in California rare earths giant
"Gina Rinehart’s Hancock Prospecting has emerged as a significant shareholder in Las Vegas-headquartered MP Materials, the resources group that this year held merger discussions with ASX-listed Lynas Rare Earths.Mrs Rinehart’s 5.3 per cent interest in MP Materials, which has a market capitalisation of $US2.85 billion ($4.3 billion), was disclosed after a share buyback. Higher volumes in Monday’s trading and a rally in the share price, pushing the value of the stake to $US150 million, stoked speculation Hancock may be buying more shares."
AFR online article.
Gina Rinehart emerges as big investor in California rare earths...
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Last
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $143.0M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 28.0¢ | $75.91K | 266.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17823 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 89565 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
28.5¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 28.5¢ | 29.0¢ | 28.0¢ | 136065 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| ARR (ASX) Chart |