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Last edited 2 years ago
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#Selling Cu and Ni royalties
stale
Added 2 years ago

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What does this mean?

a) Is S32 short of cash and sees opportunity to get $200mill? Seems unlikely, still doing share-buy-back in June.

b) No confidence in Cu and Ni markets at this time, moving money elsewhere.

c) Final dividend in Aug/Sept, Likely to be cautious.

#Onmarket ShareBuyBack
stale
Added 2 years ago

They did an on-market buy back of $4.59 on 21Feb22. Wow, this was pretty much an all time high.

Current trading price $4.46.