Managed to snap another bite at 24.5. That's me done for now. G20 over the weekend could be interesting not that I'm expecting much if any trade war truce, which would help the copper price I presume.
Stock specific, Renison life of mine plan should be coming out in July and by the sound of things, the mine is operating well. The quarterly report later in July will hopefully provide some indication of improved Nifty production and reduced costs. A few quarters of this should be enough to see brokers upgrade price targets which will see fund managers hop back on board.
Overall, I feel this is at a bottom and that there should be some clear air from here. No more tax loss selling, no more ETFs selling, no more change in management, no more capital raisings?
The management team has a good track record in improving mine performance and I don't believe Nifty is worthless as implied by the share price.
Good luck to all holders for FY20.
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Last
44.5¢ |
Change
0.015(3.49%) |
Mkt cap ! $403.2M |
Open | High | Low | Value | Volume |
44.0¢ | 45.5¢ | 44.0¢ | $2.095M | 4.679M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22727 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 162042 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22727 | 0.445 |
5 | 316870 | 0.440 |
6 | 169476 | 0.430 |
2 | 51221 | 0.425 |
4 | 89000 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 162042 | 3 |
0.455 | 186336 | 5 |
0.460 | 367699 | 9 |
0.465 | 144855 | 4 |
0.470 | 92700 | 4 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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