|Bid||20.59 x 83800|
|Ask||20.61 x 315200|
|Day's range||20.47 - 20.78|
|52-week range||9.15 - 22.14|
|PE ratio (TTM)||19.13|
|Earnings date||14 Feb. 2018 - 19 Feb. 2018|
|Forward dividend & yield||0.52 (4.79%)|
|1y target est||21.13|
Many were expecting a pullback in the price of iron ore due to seasonal weakness and a slowing Chinese economy. But their faith in this theory is about to get tested.
Australian oil and gas producer AWE (AWE.AU) has accepted an improved AUD526 million bid from Mineral Resources (MIN.AU), trumping a rival bid from Chinese state-owned China Energy Reserve & Chemicals Group (CERCG). The AWE board voted unanimously to accept a sweetened offer from Mineral Resources comprising 41.5 cents in cash and between 0.0198 and 0.0277 Mineral Resources shares per AWE share. Shareholders also have the option to receive either 100% cash or 100% in shares (scrip).
The Mineral Resources Limited (ASX:MIN) share price has crashed lower today after announcing a takeover offer for AWE Limited (ASX:AWE)...
The Mineral Resources Limited (ASX: MIN) share price climbed 8 per cent to $20.23 today despite the miner releasing no news to the market. In total more than $45 million worth of shares changed hands today in a move that may be related to the rising lithium and iron ore prices. Iron ore is on […]
Sydney, Australia, July 6, 2017 - (ABN Newswire) - Highlands Pacific Ltd (ASX:HIG) which holds an 8.56% interest, is continuing to exceed production targets, achieving record monthly output of 3,068 tonnes ...