I have shares in a iron ore mine in the NT. Their share price went from .06 to .155 in just a few weeks. This month their quarterly statement they have said all Their income for the last and next shipments will go to the contractor
Not as healthy as the last income report suggested. It has pushed the share prices that have backed off already even lower. If they were to privatise now would the share buy out be based on the .20 high they were at, the net worth of the asset or the market price.
Not as healthy as the last income report suggested. It has pushed the share prices that have backed off already even lower. If they were to privatise now would the share buy out be based on the .20 high they were at, the net worth of the asset or the market price.