I am thinking it has more to do the the sum of the parts, as opposed to spot pricing.
We are transitioning into a 30k+ tonne per year miner with fantastic assets, infrastructure and transport to port facilities with a very manageable loan of $1.1 billion( which is surplus to what is needed) and most importantly NO dilution to the current shares on offer.
It is amazing the transformation from a couple of years back- pure thermal producer, 1 bill debt and 30% more shares than today. The use of funds from the temporary spike in thermal has been transformational for the company and its shareholders.
I have always thought since the announcement of the bhp mines tgat we would need to rerate to be a $10 bill company ($12 per share) purely on the sum of the assets. Time will tell.
gltah
I am thinking it has more to do the the sum of the parts, as...
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Last
$7.70 |
Change
-0.010(0.13%) |
Mkt cap ! $6.441B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.84 | $7.68 | $24.16M | 3.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 45666 | $7.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.73 | 4160 | 2 |
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| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
$7.72 |
Change
-0.010 ( 0.43 %) |
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| Open | High | Low | Volume | ||
| $7.76 | $7.84 | $7.68 | 903053 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| WHC (ASX) Chart |