MIN mineral resources limited

The bondholders are starting to get worried. Yield to maturity...

  1. 469 Posts.
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    The bondholders are starting to get worried. Yield to maturity for the October 2028 bond now exceeds 11%. The 2028 and 2030 bonds don't look good.

    https://hotcopper.com.au/data/attachments/6926/6926236-2d687ba6ae7fc7af4361f703b4162296.jpg

    That 2028 bond has taken a dive last week:
    https://hotcopper.com.au/data/attachments/6926/6926239-f0bf7e5958f1deebd03600533223ebad.jpg

    Even if MinRes manages to refinance at these rates, it will take a big bite out of earnings.

    And given that the biggest drop in bond prices / rise in bond yields was last week, there may be more damage to come once the bond markets in the USA are open again.
 
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Last
$38.86
Change
0.350(0.91%)
Mkt cap ! $7.679B
Open High Low Value Volume
$38.36 $39.20 $37.15 $150.2M 4.173M

Buyers (Bids)

No. Vol. Price($)
1 50 $38.76
 

Sellers (Offers)

Price($) Vol. No.
$38.86 5031 2
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Last trade - 16.12pm 19/09/2025 (20 minute delay) ?
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