Morningstar has declared the acquisition overly generous and expensive and lowered the target price.
I think these guys ran out of time sitting on the cash and have now fired the gun and have overpaid in this market. Great asset but RIo was never going to blink - Maybe would have had better luck elsewhere.
I wont be buying more and will have to rework its impact on SOL but I think that even there above $15.00 I wont be jumping into it.
So I am a hold but if it gets to $2.00 I am out.
Morningstar has declared the acquisition overly generous and...
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Last
$4.70 |
Change
0.030(0.64%) |
Mkt cap ! $3.905B | |||
| Open | High | Low | Value | Volume |
| $4.65 | $4.73 | $4.64 | $6.782M | 1.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13252 | $4.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.71 | 22275 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| NHC (ASX) Chart |
