ABY
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2.46% $1.04 adore beauty group limited

there are only a "few" mining co with lots of available...

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  1. Value_Hunter
    3,607 Posts.
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    20/10/15
    23:32
    Post #: 16216790
    there are only a "few" mining co with lots of available cash......that were trading at substantial discount to same........

    another "way" of looking at this - is how does one raise capital ........in a capital constrained world ..............ding ding !

    sadly (for shareholders) .....they didn't hold Mt Grdon (awesome long-dated oppy over Cu prices) .......and the last announc suggested capital management initiatives (ie the only way the Indian parent gets cash out is via a divvy........)

    I would not be surprised to see a FF divvy, and the MLX offer increased somewhat..... low 30's should pull it up ......

    rgds
    V_H
    ABY Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
$1.04 		Change
0.025(2.46%) 		Mkt cap ! $96.30M
Open High Low Value Volume
$1.02 $1.04 $1.00 $15.83K 15.67K

Buyers (Bids)

No. Vol. Price($)
3 11000 $1.00
 

Sellers (Offers)

Price($) Vol. No.
$1.04 5090 1
Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
ABY (ASX) Chart
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